The CFPB filed suit against Vanderbilt in early January, accusing the company of violating the Truth in Lending Act (TILA) and Regulation Z. The bureau said that “Vanderbilt’s business model ...
With the recent developments at the Consumer Financial Protection Bureau (CFPB), many mortgage lenders have been left wondering about the extent to which the CFPB will enforce federal laws governing ...
Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plans to fire hundreds of workers remain intact, as a federal judge weighs whether to block ...
CFPB employees at that time “closed our laptop lids and walked away,” Pfaff said. When they returned, it was too a backlog that Pfaff said would take weeks, if not months, to work through ...
On Thursday, the Consumer Financial Protection Bureau (CFPB) dropped its high-profile enforcement action against Acima in Utah federal district ...
On January 15 — prior to the change in administrations — the CFPB filed its amicus brief with the district court taking the position that: (i) certain TILA provisions pertaining to high-cost ...
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The Consumer Financial Protection Bureau still wants your mortgage data by Monday. Operations related to the regulator's Home Mortgage Disclosure Act statutory requirements are continuing, a CFPB ...
The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...
Elizabeth Warren, D-Mass. The CFPB's Consumer Complaint Program ‒ established in the 2010 Dodd-Frank Act that created the agency ‒ serves as a clearinghouse for consumers to submit complaints ...
The article below was originally published Feb. 20, after newly installed CFPB leaders halted the agency’s work. The latest updates on changes to the CFPB under the Trump administration can be ...
Since then, the CFPB has issued 30 other orders against banks and financial services groups totaling at least $280 million in total consumer redress, according to actions tracked by American Banker.