The United States District Court for the District of Minnesota dismissed claims of Reg E violations the Consumer Financial Protection Bureau made against TCF National Bank. It partially upheld, however, the bureau's claim of UDAAP violations.
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The Consumer Financial Protection Bureau has handled more than 20,000 complaints over the last year from consumers about student loans.
A group of more than twenty finance industry organizations filed suit against the Consumer Financial Protection Bureau, seeking to halt implementation of the bureau’s new arbitration rule.
The rule requires payday lenders to determine upfront whether or not the consumer is capable of repaying the loan, among other restrictions.
The Consumer Financial Protection Bureau fined real estate settlement services provider Meridian Title Corporation $1.25 million for illegal kickbacks relating to consumers referred to an affiliated title-insurance business.
The Office of the Comptroller of the Currency has released a report challenging the Consumer Financial Protection Bureau’s interpretation of an arbitration study.
Forty percent of U.S. adults struggle to make ends meet, according to a survey from the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau filed an enforcement action this week against Top Notch Funding, a New Jersey-based loan broker that targeted its offers at consumers who were awaiting payment from settlements in legal cases or from victim-compensation funds.
Last week, the Consumer Financial Protection Bureau entered into a consent order with a lead aggregation company, Zero Parallel, and its CEO.