CFPB Is Strengthening State-Level Consumer Protections
January 15, 2025 11:05 pmToday, the CFPB is releasing new recommendations to states on how they can update their laws and regulations to meet... View Article
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CBA Outlines Reforms Needed To Transform CFPB Into The Strong, Durable Regulator Consumers Deserve
January 15, 2025 12:48 pmCBA Releases New White Paper Ahead of Upcoming Inauguration to Guide Incoming Administration, New Congress WASHINGTON, D.C. – Ahead of... View Article
California Joins States In Levying $20 Million Penalty Against Nation’s Largest Nonbank Mortgage Servicing Company
January 8, 2025 8:03 pmSACRAMENTO – Today, California and 52 state financial regulatory agencies announced a coordinated action against mortgage company Bayview Asset Management... View Article
CFPB Sues Experian For Sham Investigations Of Credit Report Errors
January 7, 2025 11:59 pmWASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued Experian, the nationwide consumer reporting agency, for unlawfully failing... View Article
Is The CFPB Looking To Stop Debt Collectors From Contacting Borrowers At Work
January 5, 2025 11:59 pmDealing with debt collection can be a source of significant stress for many people trying to navigate an already challenging... View Article
FTC Refers Case Against Online Cash Advance Firm Dave Inc. To Department Of Justice
December 30, 2024 11:10 pmDOJ files amended complaint naming Dave CEO as defendant and seeking civil penalties for deceiving consumers, charging undisclosed fees December... View Article
Virginia Gets ‘D’ Grade In Protecting Families From Debt Collectors, Nonprofit Says
December 26, 2024 11:30 pmVa. nonprofit makes recommendations on how to improve state protections RICHMOND, Va. (WRIC) — Virginia received a “D” grade in... View Article
DFPI Secures $300,000 In Borrower Refunds And Penalties From Crypto Lending Platform, SALT Lending LLC
December 25, 2024 7:05 pmSACRAMENTO – Today, the California Department of Financial Protection and Innovation (DFPI) announced a consent order with SALT Lending LLC... View Article
OCC Issues Cease And Desist Order Against Bank Of America For BSA Deficiencies
December 23, 2024 11:55 pmWASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a cease-and-desist order (order) against Bank of America, N.A.... View Article
CFPB Sues JPMorgan Chase, Bank Of America, And Wells Fargo For Allowing Fraud To Fester On Zelle
December 22, 2024 11:59 pmAmericans have lost hundreds of millions of dollars to fraud tied to payment network’s shoddy safeguards Washington, D.C. – Today,... View Article
