Category: Finance

Majority of Debit Card Overdraft Fees Incurred on Transactions of $24 or Less WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) released a report that raises concerns about…

CFPB Now Accepting Complaints on Virtual Currency Products and Services WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) issued a consumer advisory warning consumers about the risks of…

Owner Patrick Markert to Pay Additional $1.5 Million for Deceiving Consumers WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against Amerisave Mortgage Corporation, its affiliate, Novo…

Company Ordered to Refund $350,000 to Servicemembers Tricked into Paying Fees for Benefits Available for Free WASHINGTON, D.C.— The Consumer Financial Protection Bureau (CFPB) today put an end to a…

Bureau Highlights Risks in Transferring Loans Under Loss Mitigation Review Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) is releasing a bulletin outlining expectations for mortgage servicers that…

First Investors Fined $2.75 Million for Knowingly Providing Inaccurate Information to Credit Reporting Agencies for Years WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is taking action against…

Bureau to Assess Benefits of Electronic Mortgage Closings WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today announced the selection of participants for its mortgage eClosing pilot program. The…

Revisions Will Help Facilitate Compliance With New Consumer Protections WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today finalized revisions to the remittance rule that it had proposed in…

Report Highlights Good Practices for Employers to Boost Employees’ Financial Well-being WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) published a report to promote financial wellness in the…