Consumer Financial Protection Bureau Sues LendUp Loans, LLC for Allegedly Violating the Military Lending Act
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (Bureau) filed a lawsuit against LendUp Loans, LLC (LendUp). The Bureau alleges that LendUp violated the Military Lending Act (MLA) in…
Consumer Financial Protection Bureau and Multiple States Enter into Settlement with Nationstar Mortgage, LLC for Unlawful Servicing Practices
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (Bureau) filed a complaint and proposed stipulated judgment and order against Nationstar Mortgage, LLC, which does business as Mr. Cooper (Nationstar).…
Consumer Financial Protection Bureau Settles with Debt Collector for Engaging in Deceptive Debt Collection Practices in Three States
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (Bureau) issued a consent order against RAB Performance Recoveries, LLC (RAB) for threatening to sue and suing consumers to collect debts…
Assistant Secretary Sison’s Travel to Madagascar, South Africa, Mauritius, Azerbaijan, Mongolia, Vietnam, Thailand, and Laos
Assistant Secretary of State for International Organization Affairs Michele Sison will travel to Madagascar, South Africa, Mauritius, Azerbaijan, Mongolia, Vietnam, Thailand, and Laos, March 22-April 7, for meetings with counterparts…
Consumer Financial Protection Bureau Sues Debt Collector BounceBack, Inc.
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (Bureau) filed a lawsuit against BounceBack, Inc. for allegedly engaging in deceptive and otherwise unlawful debt collection acts or practices. BounceBack,…
Release of U.S. Citizen Held Hostage in West Africa
We welcome the release of U.S. citizen Jeffery Woodke, who was held hostage in West Africa for more than six years. I spoke with Jeffery’s family today and am pleased…
Consumer Financial Protection Bureau Issues Two Final Rules to Promote Access to Responsible, Affordable Mortgage Credit
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (Bureau) issued final rules related to qualified mortgage (QM) loans. Lenders are required under the law to determine that consumers have…
Secretary Antony J. Blinken and Moroccan Foreign Minister Nasser Bourita Before Their Meeting
SECRETARY BLINKEN: Well, good afternoon. It’s a great pleasure to welcome my friend, Foreign Minister Nasser Bourita, here to the State Department, back to the State Department. We have a…
Consumer Financial Protection Bureau and Arkansas Attorney General Settle with Home-Alarm Company for Using Consumers’ Credit Scores Without Proper Notice
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (Bureau) and the Arkansas Attorney General settled with Alder Holdings, LLC (Alder), resolving their allegations that Alder failed to provide proper…
Kraninger Marks Second Year as Director of the Consumer Financial Protection Bureau
WASHINGTON, D.C. – Today, Consumer Financial Protection Bureau (Bureau) Director Kathleen L. Kraninger made the following statement regarding her second-year anniversary leading the Bureau: “In these challenging times, I’m proud…