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CES agreed to pay a fine of $3.9 million for irregularities in its business operations as well as adjust the principal balances of the affected loans and make restitution to borrowers who paid off loans with an incorrect balance.
The Consumer Financial Protection Bureau filed a complaint against PGX Holdings Inc. and subsidiaries over collecting illegal upfront fees and deceptive marketing practices.
The Consumer Financial Protection Bureau has issued a request for information on its remittance rule.
The Consumer Financial Protection Bureau is vowing to provide a clearer idea about potentially wrongful conduct at issue in its civil investigative demands.
Six Democratic senators sent a letter to the Consumer Financial Protection Bureau seeking information on its oversight of the student loan industry.
The Consumer Financial Protection Bureau should take greater efforts to regulate credit reporting agencies, according to a recent report from the Government Accountability Office.
The Consumer Financial Protection Bureau has issued its annual report on its administration of the Fair Debt Collection Act.
The 2020 fiscal year federal budget proposed by the Trump Administration earlier this month would alter the funding structure of the Consumer Financial Protection Bureau, bringing it under the typical Congressional appropriations process.
The Consumer Financial Protection Bureau this week released the latest edition of its supervisory highlights report. The findings included in the report cover examinations in the areas of automobile loan servicing, deposits, mortgage servicing, and remittances.
Last week, the Consumer Financial Protection Bureau issued a report on the issues and trends revealed by reports of suspicious activity relating to elder financial exploitation.