CFPB

Student borrower protection bill stalls in California

09/06/19

A legislative measure would have made the Golden State the first in the nation where aggrieved borrowers could sue their servicers. The bill was delayed until 2020 after banks and other financial companies expressed opposition.

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BB&T-SunTrust branch sale, GSE overhaul, CFPB's payday rule: Top stories of the week

09/06/19

Next up for BB&T-SunTrust: deciding where to unload branches; how the Trump administration would reform Fannie Mae, Freddie Mac; why the CFPB's payday rule is in the hands of a Texas judge; and more from this week's most-read stories.

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CFPB to hold symposium on behavioral economics

09/06/19

The event is the bureau's second in a series on consumer protection policy. The first dealt with the agency's authority to penalize firms for unfair, deceptive or abusive acts and practices.

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'A complex and unworkable mess': Comments of the week

09/05/19

Readers strongly react to whether the CFPB should have a say on bank mergers and if tribal areas should have special CRA credit, debate whether banks are embracing enough technology and more.

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Why the CFPB’s payday rule is in the hands of a Texas judge

09/03/19

Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.

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CFPB should have a say in bank mergers

09/03/19

An agency with a mission to protect consumers deserves to have a role in approving M&A deals.

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Let’s put some perspective around the small-dollar loan debate

08/30/19

The debate over the CFPB's plan to revamp its payday lending regulation should focus on the benefits for borrowers.

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'You don’t have to like the GSEs': Comments of the week

08/29/19

Readers react to jilted GSE legacy shareholders and a proposal making it harder to cite disparate impact, criticize Democrats asking the CFPB to stop its payday rule revamp and more.

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CFPB says Chicago debt collector made bogus threats against consumers

08/28/19

Asset Recovery Associates told borrowers that it could sue them, garnish their wages and place liens against their homes, according to a consent order by the consumer bureau.

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CFPB fines money transmitter Maxi for deceiving consumers

08/28/19

The CFPB ordered Texas money transmitter Maxi to pay a $500,000 fine for allegedly deceiving consumers by saying the company is not responsible for errors made by agents.

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