Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA)—a landmark federal civil rights law protecting individuals …
CFPB Issues Advisory Opinion on Coverage of Fair Lending Laws Read More
GREENBELT, MD — U.S. District Judge Paul W. Grimm sentenced Francis Arthur, age 35, of Silver Spring, Maryland on May 2, 2022, to one year and a day in federal …
Man Sentenced to Federal Prison for a Money Laundering Conspiracy Involving High End Vehicles Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced that this week it invoked a largely unused legal provision to examine nonbank financial companies that pose risks to consumers. …
CFPB Invokes Dormant Authority to Examine Nonbank Companies Posing Risks to Consumers Read More
WASHINGTON, D.C. — The Federal Trade Commission has provided the Consumer Financial Protection Bureau (CFPB) with its annual summary of activities to protect consumers from abusive and predatory debt collectors. …
FTC Refunded $4.86 Million to Victims of Abusive Debt Collectors in 2021 Read More
WASHINGTON, D.C. — A report recently published by the Consumer Financial Protection Bureau (CFPB) shows few payday loan borrowers are benefiting from no-cost extended payment plans, which are required to …
CFPB Finds Payday Borrowers Continue to Pay Significant Rollover Fees Despite State-Level Protections Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently sanctioned Edfinancial Services, a student-loan servicer, for making deceptive statements to student loan borrowers and misrepresenting their forgiveness and repayment …
CFPB Sanctions Edfinancial for Lying about Student Loan Cancellation Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently announced changes to its supervisory operations to better protect families and communities from illegal discrimination, including in situations where fair …
CFPB Targets Unfair Discrimination in Consumer Finance Read More
WASHINGTON, D.C.— On Wednesday, Attorney General Merrick B. Garland announced the launch of Task Force KleptoCapture, an interagency law enforcement task force dedicated to enforcing the sweeping sanctions, export restrictions, …
Justice Department Launches Task Force KleptoCapture to Hold Russian Oligarchs Accountable Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) this week sued United Debt Holding (UDH), JTM Capital Management (JTM), United Holding Group (UHG), and their owners, Craig Manseth, Jacob …
CFPB Sues United Holding Group, Its Affiliates, and Its Owners for Illegal Debt Collection Practices Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) this week proposed a new rule designed to help small businesses gain access to the credit they need and deserve by …
CFPB Proposes Rule to Shine New Light on Small Businesses’ Access to Credit Read More