RSSCFPB 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.
Category Archives: Article Archives
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.
College credit card agreements continue dropping
Institutions of higher learning are offering fewer co-branded cards to students, continuing a trend, according to a report from the Consumer Financial Protection Bureau.
CFPB offers guidance for early termination of consent orders
The Consumer Financial Protection Bureau offered guidance for how institutions may apply for early termination of a consent order and how the CFPB will evaluate early termination applications.
CFPB launches crackdown on phantom and abusive debt collection
The Consumer Financial Protection Bureau announced a nationwide law enforcement and outreach initiative to protect consumers from phantom debt collection and abusive and threatening debt collection practices.
CFPB settles with auto lender
The Consumer Financial Protection Bureau settled with Lobel Financial Corporation over allegations of unfair practices in violation of the Consumer Financial Protection Act.
Proposed small business data collection rules would exclude smaller lenders
Under a new set of proposals from the Consumer Financial Protection Bureau, smaller lenders would be excluded from small business data collection requirements. The proposals are part of the implementation of section 1071 of the Dodd-Frank Act, which requires that data be collected and reported for small-business lending as well as lending to women- and minority-owned businesses.
CFPB sues California debt collectors, buyers
The Consumer Financial Protection Bureau has sued a group of San Diego-based debt collection companies over violations of several consumer financial protection laws.
CFPB settles with mortgage companies
The Consumer Financial Protection Bureau has settled with a pair of mortgage companies over deceptive advertisements targeted at servicemembers and veterans.
CFPB reaches $122 million settlement with TD Bank
In a settlement with the Consumer Financial Protection Bureau, TD Bank will pay a $25 million fine and $97 million in restitution to roughly 1.42 million customers affected by the bank’s illegal overdraft fees.
More articles: