Enforcement actions

CFPB orders TCF to refund consumers for overdraft charges

07/20/18

The bank also agreed to pay a $5 million fine to settle allegations that it overcharged consumers between 2010 and 2013.

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Wells Fargo should have seen add-on-product trouble coming

07/19/18

The bank had numerous warnings that there could be severe regulatory consequences related to deceptively advertised add-on products. It is paying the price for failing to do more in response.

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CFPB fines Alabama lender but suspends most of penalty

07/19/18

The bureau determined that Triton Management Group had unfairly charged Mississippi consumers excess interest in violation of state law.

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CFPB penalizes payday debt collector but reduces fine

07/13/18

The CFPB said National Credit Adjusters had hired third-party collectors that routinely inflated the amounts that customers owed.

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CFPB set to issue HMDA guidance this summer

07/05/18

The agency will advise lenders on how to obtain partial exemptions from Home Mortgage Disclosure Act requirements that Congress adopted this spring.

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Citi forced to pay $335M refund on card malfunction, but no CFPB fine

06/29/18

The Consumer Financial Protection Bureau said it did not issue an additional penalty because Citibank self-reported that it failed to reduce interest charges for 1.75 million credit card customers.

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Another judge says CFPB structure is unconstitutional

06/21/18

The Consumer Financial Protection Bureau's structure is an infringement on the authority of the executive branch, a New York federal judge said Thursday.

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Deutsche Bank settles New York foreign exchange probe for $205M

06/20/18

The settlement resolves one of several regulatory issues that have dogged the German bank's U.S. operations.

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Will states fill the CFPB enforcement void?

06/15/18

The new chair of the Conference of State Bank Supervisors argues that state regulators will keep protecting consumers if the CFPB curtails oversight.

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Mulvaney may cut off public access to CFPB complaints. Ex-AG says not so fast

06/14/18

Marc Dann, a former Ohio attorney general, has a plan to publicly maintain the CFPB's consumer complaint database if acting Director Mick Mulvaney shuts it down.

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