The Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of nonbank financial companies that have broken consumer laws and are...
The Consumer Financial Protection Bureau (CFPB) has sued student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that it collects on loans that borrowers...
The Consumer Financial Protection Bureau (CFPB) is investigating junk fees that increase the closing costs on mortgages. Closing costs have risen sharply in recent years,...
This round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s credit...
The FICO score — what we might think of as the general “shorthand” for lending — was created back in 1989. In the decades since,...
The Consumer Financial Protection Bureau — with the wind of the recent Supreme Court ruling at the agency’s back — has returned to rule-making. This...
The Consumer Financial Protection Bureau (CFPB) ruled Wednesday (May 22) that buy now, pay later (BNPL) vendors are credit card providers and must provide some...
The Consumer Financial Protection Bureau ordered Western Benefits Group to permanently cease operations and to pay a $400,000 penalty. The agency’s order also rescinds all the company’s existing agreements with consumers, the...
As the Consumer Financial Protection Bureau got an effective “green light” from the Supreme Court to keep operating, and as several bills have made their way out of committee...