Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) took action this week against an income share agreement (ISA) provider for mispresenting its product and failing to comply with federal …
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WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) this week took action against Nationwide Equities Corporation for sending deceptive loan advertisements to hundreds of thousands of older borrowers.
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WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently announced it is rescinding seven policy statements issued last year that provided temporary flexibilities to financial institutions in consumer financial …
Read MoreWASHINGTON, D.C. — The Consumer Financial Protection Bureau recently filed a lawsuit against 1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu for allegedly engaging …
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WASHINGTON, D.C. — The Federal Reserve Board and Consumer Financial Protection Bureau recently announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will …
Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) has published an assessment of the TRID Integrated Disclosure Rule (the Truth in Lending Act and Real Estate Settlement Procedures Act). …
Read MoreWASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) issued a consent order against Hypotec, Inc., a mortgage broker based in Miami, Florida that is licensed in eight states.
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WASHINGTON, D.C. – The Consumer Financial Protection Bureau this week issued a consent order against PHLoans.com, Inc. (PHLoans), a California corporation that is licensed as a mortgage broker or lender …
Read MoreWASHINGTON, D.C. — The Consumer Financial Protection Bureau issued two Notices of Proposed Rulemaking (NPRMs) to address the impending expiration of the Government-Sponsored Enterprises Patch (GSE Patch). The GSE Patch …
Read MoreWASHINGTON, D.C. — The staff of the Federal Trade Commission has provided its 2019 Annual Financial Acts Enforcement Report to the Consumer Financial Protection Bureau on its enforcement and related …
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