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The Consumer Financial Protection Bureau and the Department of Justice have fined the institution formerly known as GE Capital Retail Bank $228 million for deceptive marketing and discriminatory credit card practices.
The CFPB is a data-driven agency. That is the message given countless times on the bureau’s website and in the speeches of Richard Cordray, the agency’s director.
A New Jersey title services company is the latest to feel the effects of a crackdown on mortgage kickbacks by the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau has fined real estate firm RealtySouth $500,000 for inadequate mortgage disclosures resulting in illegal kickbacks.
Credit scoring models may over-estimate the impact of consumers’ medical debt, according to a study from the Consumer Financial Protection Bureau.
Approximately 30 percent of the 41 million Americans older than 65 years old have mortgages, according to a recent report from the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau is proposing a rule that would change the way banks distribute privacy disclosures.
Student loan co-signer issues are the focus of the latest midyear report from the Consumer Financial Protection Bureau’s Student Loan Ombudsman Rohit Chopra.
According to a report in the Wall Street Journal, Bank of America is near a deal with the Consumer Financial Protection Bureau to settle allegations that the lender pressured consumers into dubious credit card add-on products.
Representative Sean Duffy (R-Wis.) called on President Barack Obama to forward a plan to resolve the race and gender discrimination issues at the Consumer Financial Protection Bureau.