CFPB

CFPB Seeks $183.5M from Aequitas Capital for aiding for-profit college

08/17/17

Regulators reach a $183.5 million deal Thursday to get debt relief to 41,000 students of bankrupt Corinthian Colleges.

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CFPB foes use well-worn consumer tactic against agency

08/14/17

Payday lenders and arbitration supporters are claiming the CFPB has met more often with consumer groups than industry, laying the groundwork for likely lawsuits on key rules.

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Warren asks banks to take public position on CFPB arbitration rule

08/10/17

Sen. Elizabeth Warren, D-Mass., sent a letter to 16 big banks asking them if they support a GOP effort to overturn the CFPB arbitration rule.

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Wells Fargo said to face regulator scrutiny on second auto issue

08/08/17

Wells Fargo's regulators are looking into another issue involving insurance linked to auto loans as scrutiny of a key lending unit widens, according to people with knowledge of the matter.

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Cheat sheet: What happens if CFPB's Cordray leaves early

08/07/17

If CFPB Director Richard Cordray leaves ahead of his July 2018 term expiration, President Trump would be limited in who he could pick as an acting director and may face challenges in rolling back the rule banning mandatory arbitration clauses.

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Wells hits keep coming; CFPB rule may stand

08/07/17

Bank warns investors of bigger fallout from scandals; Senate Republicans may not have votes to overturn rule ending mandatory arbitration.

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Institutions shouldn't count on Congress killing CFPB arbitration rule

08/04/17

The financial services industry is at risk of being caught flat-footed if a legislative measure to rescind the Consumer Financial Protection Bureau’s rule regulating arbitration agreements fails to pass.

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House Republicans again threaten contempt charges against CFPB's Cordray

08/04/17

Staff for House Financial Services Committee Chairman Jeb Hensarling said that CFPB Director Richard Cordray is continuing to ignore subpoenas on the agency's work on the arbitration rule.

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CFPB eyes new disclosures for overdraft programs

08/04/17

The CFPB released four sample disclosure forms for opting in to overdraft programs that it said would make it easier for consumers to evaluate the costs and risks of such coverage.

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CFPB fines JPM $4.6M for checking account denials

08/02/17

The Consumer Financial Protection Bureau ordered JPMorgan Chase to pay a $4.6 million fine for failing to provide accurate information when denying checking account applicants.

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