News Topic: CFPB
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OppFi says CFPB staff is not recommending enforcement action
Will CFPB take cues from Canada in writing data-sharing rules?
CFPB servicing rule aims to stave off another foreclosure crisis
Complaints about crypto are soaring. Is a CFPB crackdown imminent?
Open banking must be a two-way street
CFPB shelves plan to extend debt collection compliance deadline
Appeals court throws out $59 million penalty in CFPB mortgage case
Brown wants CFPB to investigate reports of Chime account closures
Former CFPB chief joins cryptocurrency surveillance firm
Where will CFPB come down on buy now/pay later loans?
Warren: CFPB should take a closer look at overdraft fees, crypto
CFPB Takes Action Against FinTech Company for Originating Unauthorized Loans
On July 12, the CFPB issued a consent order against a FinTech company for facilitating point of sale financing activities without authorization from consumers. The consent order requires the company to pay up to approximately $9 million in redress to ... Read full article
Acting CFPB director should come before House panel, McHenry says
Harsher rules, more enforcement: What to expect from Chopra's CFPB
Can banks allay concerns about emerging student loan product?
Banking regulators expected to advance Biden agenda despite 'acting' tag
CFPB and Georgia AG Settle With Debt-Relief Company
On June 29, the CFPB and the Georgia Attorney General’s Office settled with a debt-relief and credit-repair company and its owners for allegedly deceiving consumers into hiring the company to lower or eliminate credit-card debts and improve consumers’ ... Read full article
DFS Settles with Indirect Auto Lenders to Resolve Fair Lending Violations
On June 29, NYDFS announced that two New York-charted banks engaging in indirect auto lending will pay civil money penalties for violating New York’s fair lending law for engaging in practices that resulted in members of protected classes paying higher ... Read full article
CFPB Issues Summer 2020 Supervisory Highlights
On June 29, the CFPB released its summer 2021 Supervisory Highlights . The findings of the report, which cover examinations that generally were completed between January 1, 2020 to December 31, 2020, are issued to “help institutions and the general ... Read full article