CFPB Takes Action Against Zero Parallel for Steering Consumers Toward Bad Deals
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against an online lead aggregator for steering consumers toward lenders who offered illegal or unlicensed loans that were…
CFPB Supervision Recovers $14 Million in First Half of 2017 for Over 100,000 Consumers Harmed by Illegal Practices
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today announced that recent supervisory actions resulted in $14 million in relief to more than 104,000 harmed consumers from January through…
CFPB Announces First No-Action Letter to Upstart Network
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today announced a no-action letter issued to Upstart Network, Inc., a company that uses alternative data in making credit and pricing…
CFPB Takes Action Against National Collegiate Student Loan Trusts, Transworld Systems for Illegal Student Loan Debt Collection Lawsuits
WASHINGTON, D.C. – The Consumer Financial Protection Bureau today took action against the National Collegiate Student Loan Trusts and their debt collector, Transworld Systems, Inc., for illegal student loan debt…
CFPB Takes Action Against Top Notch Funding for Lying in Loan Offers to NFL Players, Deepwater Horizon Victims, and 9/11 First Responders
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) took action today against Top Notch Funding and two individuals associated with the company for lying in loan offerings to consumers…
CFPB Amends Rules to Provide Flexibility and Clarity to Certain Mortgage Lenders in Collecting Information
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today modified Equal Credit Opportunity Act (ECOA) regulations to provide additional flexibility for mortgage lenders in the collection of consumer ethnicity…
Day 404: 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’s First National Survey on Financial Well-Being Shows More Than 40 Percent of U.S. Adults Struggle to Make Ends Meet
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released the results of a first-of-its-kind national survey on the financial well-being of U.S. consumers that showed that more than…
CFPB Takes Action Against Real Estate Settlement Services Provider for Steering Consumers to Affiliated Business
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) took action today against real estate settlement services provider Meridian Title Corporation for steering consumers to a title insurer owned in…
FFIEC Announces Availability of 2016 Data on Mortgage Lending
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 6,762 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA).…