National Law Review5h
Litigation Risk for Mortgage Lenders with a Less Active CFPB
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 ...
Des Moines Register7d
Consumer Financial Protection Bureau’s financial firm oversight still blocked, email says
The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court that it remains committed to meeting its legal obligations. The agency has denied in ...
JD Supra9d
CFPB Drops Challenge That Lease-to-Own Agreements Be Regulated As "Credit"
On Thursday, the Consumer Financial Protection Bureau (CFPB) dropped its high-profile enforcement action against Acima in Utah federal district ...
Chicago Sun-Times14d
CFPB drops lawsuit against Bank of America, JPMorgan Chase and Wells Fargo over Zelle fraud
In the federal civil complaint, the CFPB asserted that the banks rushed to get the peer-to-peer payments platform to market without effective safeguards against fraud and then, after consumers ...
WRAL14d
CFPB drops lawsuit against Bank of America, JPMorgan Chase and Wells Fargo over Zelle fraud
But a filing in the U.S. District Court for the District of Arizona on Tuesday indicated that the CFPB was dismissing its lawsuit against EWS, Bank of America, JPMorgan Chase and Wells Fargo with ...
NBC Washington14d
If the Trump administration guts the CFPB, it could have ‘devastating effects,' says consumer advocate—what it means for your money
The remaining workers were told to stay home and that they'd need clearance from the bureau's chief legal officer before doing any CFPB business. "Otherwise, employees should stand down from ...