CFPB Takes Action Against NewDay Financial for Deceptive Mortgage Advertising and Kickbacks
Lender to Pay $2 Million Civil Penalty for Illegal Conduct WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) took action against NewDay Financial, LLC for deceptive mortgage advertising…
Secretary Antony J. Blinken and Vietnamese Prime Minister Pham Minh Chinh Before Their Meeting
PRIME MINISTER PHAM: (Via interpreter) Mr. Secretary of State, I am delighted to welcome you to Vietnam and to see you again here in my country, and I highly appreciate…
CFPB Takes Action Against Mortgage Companies For Misrepresenting U.S. Government Affiliation
CFPB Sues Mortgage Lender for False Reverse Mortgage Ads; Orders Others to End Deceptive Advertising WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) is taking action against three…
FTC Acts to Block Payment Processor’s Credit Card Laundering for Tech Support Scammers
The Federal Trade Commission has acted to stop Nexway, a multinational payment processing company, along with its CEO and chief strategy officer, from serving as a facilitator for the tech…
CFPB Reports That More Than 50 Million Credit Card Consumers Have Access to Free Credit Scores
New Study Indicates that Consumers Access Credit Scores and Credit Reports in a Variety of Ways but Confusion Persists WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) reported…
CFPB Seeks to Improve Process for Industry Submission of Consumer Credit Card Agreements
Bureau Proposes to Temporarily Suspend Card Issuers’ Obligation to Submit Credit Card Agreements WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) issued a proposal aimed at improving the…
CFPB Study Finds That Arbitration Agreements Limit Relief for Consumers
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau released a study indicating that arbitration agreements restrict consumers’ relief for disputes with financial service providers by limiting class actions. The…
U.S. Actions Targeting Transnational Criminals for Illicit Fentanyl Activity
Today, the United States is announcing a series of actions against those involved in illicit fentanyl trafficking. Through the Department of State we announced rewards offers for information leading to…
CFPB Report Outlines Legal Violations Uncovered by Supervision
Examiners Recover $19.4 Million in Remediation for more than 92,000 Consumers WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released its latest supervision report highlighting legal violations uncovered…
CFPB Launches Public Inquiry to Inform Agency Review of the Credit Card Market
Bureau Seeks Stakeholder Input on How the Credit Card Market Is Functioning WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) announced it is seeking public comment on how…