Consumer Financial Protection Bureau Settles with Student CU Connect CUSO over ITT Private Loan Program
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Student CU Connect CUSO, LLC (CUSO), a company set up to hold and manage private loans…
Agencies Issue Final Amendments to Regulation CC Regarding Funds Availability
WASHINGTON, D.C. – The Consumer Financial Protection Bureau and the Federal Reserve Board today jointly published amendments to Regulation CC that implement a statutory requirement to adjust for inflation the…
CFPB Extends Comment Period For ANPR on HMDA Data Points
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) announced today that it is extending the comment period on its Advance Notice of Proposed Rulemaking (ANPR) relating to the Home…
The Dissolution of Political Parties in Burma
We strongly condemn the Burma military regime-controlled Union Election Commission’s decision to abolish 40 political parties, including the National League for Democracy (NLD). The people voted overwhelmingly to re-elect the…
Consumer Financial Protection Bureau Settles Lawsuit Against Freedom Debt Relief
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) today settled its lawsuit against Freedom Debt Relief, LLC, the nation’s largest debt-settlement services provider. The company agreed to pay $20…
Department Renews Charter of Overseas Schools Advisory Council
On March 24, 2023, the Department of State renewed the charter of the Overseas Schools Advisory Council (OSAC) to provide a formal channel for consultation and advice from U.S. corporations…
Consumer Financial Protection Bureau Recommends Financial Institutions Report Suspected Financial Exploitation of Older Adults
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today issued an updated advisory to financial institutions urging them to report to the appropriate local, state and federal authorities whenever…
Consumer Financial Protection Bureau Releases Report on Third-Party Debt Collections
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) released a report today that found that more than one-in-four consumers with a credit report have at least one debt in…
CFPB, FTC and States Announce Settlement with Equifax Over 2017 Data Breach
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau), the Federal Trade Commission (FTC), and 48 states, the District of Columbia and Puerto Rico announced a global settlement today with…
CFPB and the New York Attorney General Settle with Debt Collection Group
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) and the New York Attorney General today filed proposed settlements with debt collectors Douglas MacKinnon, Northern Resolution Group, LLC, Enhanced Acquisitions,…