CFPB

CFPB orders Citi units to pay $28.8M for servicing flaws

01/23/17

The Consumer Financial Protection Bureau ordered two units of Citigroup to pay a combined $28.8 million for failing to help borrowers with foreclosure relief.

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Why Trump still faces an uphill climb to ease regulations

01/20/17

The financial services industry has high hopes that President Trump will usher in a new era of less regulation and economic growth. Here are challenges his administration will face.

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TCF tricked customers about overdraft opt-ins, CFPB suit alleges

01/19/17

The Consumer Financial Protection Bureau on Thursday sued TCF National Bank for what the bureau said were deceptive and abusive practices in selling overdraft services.

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CFPB suit against Navient followed apparent 'ultimatum'

01/18/17

The Consumer Financial Protection Bureau and two states on Wednesday sued the nation's largest student loan servicer, Navient, for allegedly systematic failures in processing loan payments and failing to enroll borrowers in less expensive repayment plans.

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Spat between CFPB, GOP intensifies with auto lending report

01/18/17

A House Republican report, charging that Consumer Financial Protection Bureau Director Richard Cordray "may have broken the law" when the agency cracked down on auto lenders, appeared to escalate the GOP's clash with the agency.

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CFPB sues student loan giant Navient

01/18/17

Navient Corp. was sued by a U.S. regulator over allegations that the student loan giant "systematically" cheated borrowers.

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Dems: CFPB's Cordray would sue if forced out

01/17/17

Top Democrats vowed Tuesday to defend the Consumer Financial Protection Bureau, predicting Director Richard Cordray will file a lawsuit if he were fired by Donald Trump after he is sworn in as president.

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Bankers cry foul over CFPB’s five-star complaint rating system

01/13/17

Bankers are trying to stop the CFPB from allowing consumers to rank how companies handle complaints on a one- to five-star scale and to publish narratives of consumer experiences in an online public database.

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Trump team signals it will oust CFPB's Cordray

01/12/17

A top Trump administration official said Thursday that the president-elect is considering former Rep. Randy Neugebauer to run the CFPB, the first clear sign that he intends to dismiss Richard Cordray.

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Women in Banking: VC funding, imposter syndrome and other battles

01/12/17

Mary Lynn Lenz shares some insight on M&A challenges and turnaround success, Sallie Krawcheck says Wall Street diversity can't get worse and Ginni Rometty explains why IBM bought Promontory.

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