Banking giant Wells Fargo needs to improve its compliance with required improvements to its risk management program, according to a letter from the head of the Consumer Financial Protection Bureau.
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The Consumer Financial Protection Bureau today filed a lawsuit in the federal district court in the Eastern District of New York against Forster & Garbus, LLP, a New York debt-collection law firm.
Brian Johnson was named deputy director of the Consumer Financial Protection Bureau yesterday. Kate Fulton will serve as chief operating officer, and Director Kathy Kraninger announced several other new hires.
CES agreed to pay a fine of $3.9 million for irregularities in its business operations as well as adjust the principal balances of the affected loans and make restitution to borrowers who paid off loans with an incorrect balance.
The Consumer Financial Protection Bureau filed a complaint against PGX Holdings Inc. and subsidiaries over collecting illegal upfront fees and deceptive marketing practices.
The Consumer Financial Protection Bureau has issued a request for information on its remittance rule.
The Consumer Financial Protection Bureau is vowing to provide a clearer idea about potentially wrongful conduct at issue in its civil investigative demands.
Six Democrat Senators sent a letter to the Consumer Financial Protection Bureau seeking information on its oversight of the student loan industry.
The Consumer Financial Protection Bureau should take greater efforts to regulate credit reporting agencies, according to a recent report from the Government Accountability Office.