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Capital One is sued by US CFPB for avoiding billions in interest payments
(Reuters) -Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank ...
Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
Elon Musk, Trump’s new presidential advisor, tweeted in early November “Delete CFPB. There are too many duplicative ...
JD Supra21h
Consumer Financial Protection Bureau Pursues Action to Stop Kickback to Brokerages for Steering Consumers to Rocket Mortgage
The Consumer Financial Protection Bureau (“CFPB”) filed an action on December 23, 2024, against Rocket Home Real Estate LLC (“Rocket Homes”), a ...
American Banker20h
CFPB proposes rule limiting legal disclaimers
The Consumer Financial Protection Bureau issued a proposed rule that would protect companies from abusive contract provisions ...
Trump Should Remake The CFPB Into The Consumer Fraud Protection Bureau
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to ...
American Banker22h
Most BNPL loans made to subprime borrowers: CFPB
The Consumer Financial Protection Bureau's research found that the majority of buy now/pay later users are subprime borrowers ...