CFPB Orders Discover Bank to Pay $18.5 Million for Illegal Student Loan Servicing Practices
Discover’s Illegal Servicing Practices Affected Private Student Loan Borrowers Transferred from Citibank WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) took action against Discover Bank and its affiliates…
Further Curbing Russia’s Efforts to Evade Sanctions and Perpetuate its War against Ukraine
The United States will continue to take action against Russia and those supporting its war in Ukraine, including further implementing the G7’s commitment to impose severe consequences on third country…
CFPB Takes Action Against Student Financial Aid Services, Inc. for Illegal Recurring Billing Scheme
Company to Pay $5.2 Million For Illegally Billing Over 100,000 Consumers WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau filed a complaint and proposed consent order in federal court…
CFPB Takes Action Against Mortgage Payment Company And Servicer For Deceptive Ads
Consumers Deceived by “Equity Accelerator” Claims to Receive $33.4 Million Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) took action today against Paymap Inc. and LoanCare, LLC for deceiving…
CFPB Takes Action Against Mortgage Company for Blocking Consumers’ Attempts to Save Their Homes
Residential Credit Solutions to Pay $1.5 Million for Servicing Wrongs WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) took action against Residential Credit Solutions, Inc. for blocking consumers’…
CFPB Sues Offshore Payday Lender
Bureau Alleges the NDG Enterprise Collected Money Illegally, Seeks Refunds for Consumers WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today announced the filing of a lawsuit in federal…
Secretary Antony J. Blinken, Secretary of Defense Lloyd J. Austin III, Philippine Secretary of Foreign Affairs Enrique Manalo, and Philippine Senior Undersecretary and Officer in Charge of the Department of National Defense Carlito Galvez at a Joint Press Availability
SECRETARY BLINKEN: Well, good afternoon, everyone. Secretary Manalo, Secretary Galvez, it has been an honor to host you at the State Department for the third ever – and first since…
CFPB Provides Guidance About Private Mortgage Insurance Cancellation and Termination
Bureau Issues Bulletin Regarding Homeowners Protection Act WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a bulletin providing guidance to mortgage servicers regarding the cancellation and termination…
CFPB Study Finds Electronic Mortgage Closings Can Benefit Consumers
Consumers Reported Greater Understanding, Efficiency, and Feelings of Empowerment WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today published a report on its “Know Before You Owe” eClosing project…
CFPB Orders Citizens Bank to Pay $18.5 Million for Failing to Credit Full Deposit Amounts
CFPB, OCC, and FDIC Take Action Against Bank For Ignoring Deposit Discrepancies WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and the…