CFPB, Federal Partners, and State Attorneys General File Order Requiring SunTrust to Provide $540 Million in Relief to Homeowners for Servicing Wrongs
Company Also Ordered to Pay $10 Million for Servicing Misconduct and Fined $418 Million by the DOJ WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB), Department of Justice…
Day 420: war diaries w/Former Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
There is a lot of pro-Putin bias in the Western world. We aim to dispel this “macho” propaganda and reveal true colors of his regime: murder, intimidation, industrialized kleptocracy and…
CFPB Orders GE Capital to Pay $225 Million in Consumer Relief for Deceptive and Discriminatory Credit Card Practices
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…
CFPB Helps Assisted Living and Nursing Facilities Protect Seniors from Financial Abuse
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…
Legacy Suite Says Biden Executive Order on Crypto Could Provide Blueprint for Industry’s Growth
President of digital asset management solution developer sees potential for policies to spur greater consumer and business adoption of cryptocurrencies and government investment in infrastructure. NEW YORK, April 20, 2023…
CFPB Clarifies Mortgage Lending Rules to Assist Surviving Family Members
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…
FTC Sends 37 New Cease and Desist Letters Regarding Agency’s Eyeglass Rule
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…
CFPB Takes Action Against ACE Cash Express for Pushing Payday Borrowers Into Cycle of Debt
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…
Consumer Financial Protection Bureau Issues Guidance Regarding Brokers Shifting To “Mini-Correspondent” Model
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…
CFPB Files Suit Against Debt Collection Lawsuit Mill
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…