Author: DJ Editor

Nearly 750,000 Consumers Harmed by Illegal Credit Card Practices WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is ordering GE Capital Retail Bank (GE Capital), now known as Synchrony…

Bureau Releases Guide to Assist in Recognizing, Recording, and Reporting Abuse and Scams WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) released a guide to help assisted living…

Bureau Interpretive Rule Clears the Way for Heirs to Take Over Mortgages When Loved Ones Die Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) is issuing an interpretive…

Federal Trade Commission staff sent 37 new cease and desist letters to eyeglass prescribers, including optometrists and ophthalmologists, warning them of potential violations of the agency’s Ophthalmic Practice Rules, known…

ACE to Pay $10 Million for Using Illegal Debt Collection Tactics to Pressure Consumers Into Debt Traps WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) took enforcement action…

Bureau Describes Evaluation of Mini-Correspondent Transactions WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is issuing guidance regarding mortgage brokers transitioning to a “mini-correspondent” lender model. The CFPB…

Georgia Firm Relies on Deceptive Court Filings and Faulty Evidence to Churn Out Lawsuits WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit in a federal…

Consumers Could Opt-In to Share Complaint Narrative in CFPB’s Public Database WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is proposing a new policy that would empower consumers…

Nonbank Products Include Debt Settlement and Credit Repair Services, Pawn and Title Loans WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is now accepting complaints from consumers encountering problems…