CFPB takes action against lender redlining

The Consumer Financial Protection Bureau and the Department of Justice have announced a proposed $38 million consent order against Hudson City Savings Bank for alleged mortgage loan discrimination.

An administrative law judge for the CFPB?

This summer, the Consumer Financial Protection Bureau posted a job opening for an administrative law judge. The posting, on was a curious one since the Dodd-Frank Act specifically mentions that the CFPB would have access law judges employed by the Securities and Exchange Commission.

Behavioral Economics and the CFPB

This week, President Obama issued an executive order entitled “Using Behavioral Science Insights to Better Serve the American People.” The President is directing federal agencies to utilize a field of study known as “behavior economics” in their work

CFPB sues World Law for UDAAP violations

The Consumer Financial Protection Bureau has obtained a preliminary injunction against World Law Group and its senior leaders for violations of the Dodd-Frank Act.

Nation’s two largest debt buyers hit by CFPB

This week, the Consumer Financial Protection Bureau imposed penalties and required refunds in enforcement actions against the country’s two largest debt buyers: Encore Capital Group and Portfolio Recovery Associates.

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