CFPB finalizes consumer narrative expansion for complaint portal
The Consumer Financial Protection Bureau has finalized the expansion of the consumer narrative portion of its online complaint database.
The Consumer Financial Protection Bureau has finalized the expansion of the consumer narrative portion of its online complaint database.
The Consumer Financial Protection Bureau is seeking comment from consumers, industry, advocates and other stakeholders on how the credit card market is functioning for consumers.
Last month, Consumer Financial Protection Bureau Deputy Director Steven Antonakes delivered remarks at a financial industry function.
The Dodd-Frank law of 2010 that created the Consumer Financial Protection Bureau included an amendment that specifically exempted auto dealers from regulation by the new entity. Despite that prohibition, the CFPB has taken steps to indirectly regulate the industry by proposing new rules applicable to the banks that work with auto dealers to provide auto financing.
The Dodd-Frank Act authorizes the Consumer Financial Protection Bureau to enforce more than a dozen existing statutes in defense of consumers.
Continental Finance Company, a subprime credit card servicer, has agreed to refund $2.7 million to customers, according to a consent decree signed with the Consumer Financial Protection Bureau.
Last week, the Consumer Financial Protection Bureau issued a report studying the use of overdraft fees on checking accounts.
The Consumer Financial Protection Bureau has filed a complaint against Wells Fargo and JPMorgan in relation to a referral arrangement the company had with a title company based in Maryland.
A tool contained within the CFPB online mortgage tool kit will create friction between mortgage customers and banks.
A scathing article this week in Forbes offers a startling look at some dubious research practices used by the Consumer Financial Protection Bureau when investigating alleged discriminatory lending in the auto loan industry.