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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.
The Consumer Financial Protection Bureau has promised to be “sensitive to good-faith efforts” of banks to comply with its new TILA-RESPA Integrated Disclosure Rule, known as TRID, which will take effect on Oct. 3.
On March 10, the Consumer Financial Protection Bureau published a study that was critical of arbitration clauses as a consumer tool for disputes with lenders and servicers.
The Consumer Financial Protection Bureau filed a lawsuit in federal court this week against two companies that offered consumers pension loans.
This week the Consumer Financial Protection Bureau levied a significant fine on Citizens Bank for mishandling discrepancies in customer deposits.
The use of eClosing platforms may help customer comprehension and efficiency during mortgage closings, according to a report from the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau has issued enforcement actions against Paymap, Inc., and Loancare Servicing for deceptive advertising for a mortgage payment program.
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.
Last week, the Consumer Financial Protection Bureau announced a $24 million settlement with Honda Motor Company.
The Consumer Financial Protection Bureau has launched the first of a series of monthly complaint profiles.