Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced it is seeking public input on how bank customers can assert their rights to better customer service with big banks. …
CFPB Launches Initiative to Improve Customer Service at Big Banks Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently took action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from …
CFPB Seeks Ban Against Operator of Student Loan Debt Relief Scam Reboot Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) did recently confirm that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for …
CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms Read More
WASHINGON, D.C. — The Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed stipulated judgment in federal court to settle its case against …
Federal Government and New York Attorney General Shut Down Debt Collection Ring Read More 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
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) released a bulletin reminding debt collectors and credit bureaus of their legal obligations in light of the No Surprises Act, which …
CFPB Issues Bulletin to Prevent Unlawful Medical Debt Collection and Credit Reporting Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ), in cooperation with the Office of the Comptroller of the Currency (OCC), took action Friday …
Federal Government Takes Action Against Trustmark National Bank for Deliberate Discrimination Against Black and Hispanic Families Read More
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 …
CFPB Takes Action Against Student Lender for Misleading Borrowers About Income Share Agreements Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) this week filed a proposed settlement to resolve a lawsuit against a debt collection enterprise and its owner. The CFPB alleges …
CFPB Takes Action Against Debt Collector for Failing to Investigate Reports of Identity Theft and Misrepresenting Consumers’ Debts Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) this week released an interpretive rule to assist the mortgage industry in determining whether to treat June 19, 2021, as a …
CFPB Issues Interpretive Rule on Certain Mortgage and Disclosure Timing Requirements for the 2021 Juneteenth Federal Holiday Read More