RSSMore CFPB UDAAP actions against online lenders
The CFPB took action over alleged collection debts not legally owed, claiming they were offered under false pretenses which qualify as UDAAP violations.
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CFPB report highlights student loan issues
The Consumer Financial Protection Bureau has issued the latest monthly report drawn from its online complaint database.
CFPB launches RESPA review
The Consumer Financial Protection Bureau is conducting an assessment of the mortgage servicing rules under the Real Estate Settlement Procedures Act.
US Circuit Court rules CFPB CID unenforceable
The U.S. Court of Appeals for the District of Columbia handed down a ruling against a Civil Investigative Demand issued by the Consumer Financial Protection Bureau to the Accrediting Council for Independent Colleges and Schools.
CFPB sues law firm that resisted consent order
The CFPB alleges that Weltman violated the Fair Debt Collection Practices Act and the Consumer Financial Protection Act in their correspondence with consumers.
CFPB issues HMDA clarification
The proposal contains a number of clarifications, technical corrections and minor changes to facilitate compliance with the 2015 updates to the Home Mortgage Disclosure Act rule.
New report examines medical debt complaints to CFPB
The report from consumer advocacy group and industry watchdog U.S. PIRG Education Fund finds that medical debt is a large and increasing source of difficulty for consumers.
Companies respond swiftly to consumer complaints, report shows
Nearly 100 percent of complaints requiring a response submitted to the Consumer Financial Protection Bureau receive timely resolution, according to the bureau’s latest annual report.
Court dismisses CFPB UDAAP lawsuit
A federal judge in North Dakota has dismissed an action by the Consumer Financial Protection Bureau against a third-party payment processor.
Experian fined $3 million over credit score marketing
The Costa Mesa, Calif., company told consumers the credit scores it marketed and provided were used by lenders to make credit decisions; lenders did not use those same Experian scores to make such decisions, the bureau said.
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