July 2015 Articles – CFPB Journal

CFPB takes action against payment processor, mortgage servicer

The Consumer Financial Protection Bureau has issued enforcement actions against Paymap, Inc., and Loancare Servicing for deceptive advertising for a mortgage payment program.

Fuchs named CFPB’s acting deputy director

On July 22, the CFPB announced that Meredith Fuchs will serve as acting deputy director after Deputy Director Steve Antonakes departs the agency at the end of July.

CFPB launches monthly complaint highlight

The Consumer Financial Protection Bureau has launched the first of a series of monthly complaint profiles.

Honda settles with CFPB over auto loan inequalities

Last week, the Consumer Financial Protection Bureau announced a $24 million settlement with Honda Motor Company.

CFPB asserts jurisdiction over medical debt collectors

The Consumer Financial Protection Bureau recently announced a consent order with a medical debt collection company for mishandling consumer credit reporting disputes and preventing consumers from exercising their debt collection rights.

CFPB at the 5-year mark: Large and growing

While the CFPB’s success in fulfilling its mission is open to debate, it cannot be denied that the CFPB has been successful at growing.