CFPB

CFPB fines Prospect Mortgage $3.5M for alleged kickbacks

01/31/17

The Consumer Financial Protection Bureau hit Prospect Mortgage with a $3.5 million fine for illegally paying kickbacks to two real estate brokers and a mortgage servicer.

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PHH seeks to block state AGs from intervening in CFPB case

01/30/17

PHH Corp. is opposing an attempt by Democratic attorneys general in 16 states and the District of Columbia to intervene in an appeals court case that found the Consumer Financial Protection Bureau unconstitutional.

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CFPB sues law firms over alleged debt relief scam

01/30/17

The CFPB sued the attorneys and law firm that worked with now-bankrupt debt relief firm Morgan Drexen, alleging they continued a scam that charged millions in fees to thousands of consumers seeking debt relief.

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Democrats are spoiling for a fight over the CFPB

01/26/17

Democrats and progressive groups have drawn a line in the sand over Consumer Financial Protection Bureau Director Richard Cordray, hoping to capitalize on the successful march on Washington this past weekend to rally support for him and his agency.

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If Trump replaces Cordray at CFPB, what happens next?

01/26/17

A new director of the consumer bureau must focus on how a still-relatively-young agency matures while maintaining a positive consumer protection agenda.

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Uncertainty about CFPB shouldn’t hurt progress over data access

01/25/17

Regardless of what happens with the politically uncertain consumer bureau, consumer data access is an example of a CFPB issue that is apolitical.

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Chase reaches deal on passwords; Mnuchin on bank regulation

01/25/17

Bank customers will be able to check information on Mint, TurboTax and QuickBooks without sharing their JPM passwords; Treasury secretary nominee says regulation should account for bank "complexity and activity"

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Democratic AGs in 16 states ask to defend CFPB in key court case

01/24/17

Democratic attorneys general in 16 states and the District of Columbia have asked to defend the Consumer Financial Protection Bureau in a controversial appeals court case citing an "urgent" need to protect its director, Richard Cordray, from being fired by President Donald J. Trump.

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CFPB's Cordray signals he has no intention of resigning

01/24/17

The Consumer Financial Protection Bureau's Director Richard Cordray refused to comment on how he would respond if President Donald J. Trump asked for his resignation, but said the independence of the consumer watchdog agency was "worth fighting for."

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CFPB clearing decks with slew of lawsuits as Cordray battle looms

01/23/17

The Consumer Financial Protection Bureau is ramping up enforcement actions ahead of a possible political showdown between President Donald J. Trump and the agency’s director, Richard Cordray.

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