Nationstar settles over servicing practices

The Consumer Financial Protection Bureau filed a complaint and proposed stipulated judgment and order this week against Nationstar Mortgage. The company violated multiple Federal consumer financial laws, causing “substantial harm” to the borrowers whose mortgage loans it serviced, the bureau said.

CFPB sues debt settlement company

The Consumer Financial Protection Bureau filed a lawsuit against DMB Financial over alleged violations of the Telemarketing Sales Rule and the Consumer Financial Protection Act of 2010.

CFPB changes disclosure of records and debt collection rules

The Consumer Financial Protection Bureau finalized changes to its regulations regarding the disclosure of records and information. It also published a portion of its long-awaited Fair Debt Collection Practices Act rulemaking to modernize and clarify rules around third-party debt collection.

CFPB settles with Washington Federal

Seattle-based Washington Federal Bank., N.A., has settled with the Consumer Financial Protection Bureau over allegations it reported inaccurate Home Mortgage Disclosure Act data.

CFPB makes GSE patch extension official

The Consumer Financial Protection Bureau issued a final rule to extend the Government-Sponsored Enterprise patch until the mandatory compliance date of a final rule amending the General Qualified Mortgage loan definition in Regulation Z. 

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