CFPB Takes Action Against Debt-Settlement Company for Charging Consumers Unlawful Fees
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) requested today that a federal district court enter a final judgment and order that, if entered by the court, would require…
CFPB Takes Action Against Auto Lender for Unfair Loss Damage Waiver Practices
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) issued a consent order today against 3rd Generation, Inc., doing business as California Auto Finance (California Auto) for illegally charging interest…
CFPB Takes Action Against Company and its CEO for Deceptive Deposit and Loan Products
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today filed a proposed settlement against Driver Loan, LLC, and its CEO, Angelo Jose Sarjeant. If entered by the court, the…
FTC Files Amicus Brief in Sage Chemical vs. Supernus Pharmaceutical Supporting Competition in the Market for Drug Used to Treat Advanced Parkinson’s Disease
The Federal Trade Commission filed a brief as Amicus Curiae in the U.S. District Court for the District of Delaware in a case related to Sage Chemical Inc. and its…
G7 Foreign Ministers’ Statement On the launch of an Intercontinental Ballistic Missile by North Korea
The text of the following statement was released by the G7 foreign ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America and the…
Manufactured Housing Loan Borrowers Face Higher Interest Rates, Risks, and Barriers to Credit, New CFPB Report Finds
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) published a report that provides new insights into manufactured housing financing, a vital source of lending for millions of manufactured…
Consumer Financial Protection Bureau Issues Interpretive Rule on Authority to Resume Examinations Regarding the Military Lending Act
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) issued an interpretive rule today that explains the basis for its authority to examine supervised financial institutions for risks to active…
FTC to Host Public Workshop on Proposed Changes to Its Ophthalmic Practice Rules, also Known as the Eyeglass Rule, in May in Washington, DC
The Federal Trade Commission will host a public workshop on May 18, 2023, in Washington, DC, to examine proposed changes to its Ophthalmic Practice Rules, also known as the Eyeglass…
Counselor Chollet’s Travel to Indonesia and Thailand
Counselor Derek Chollet and an interagency delegation will travel to Indonesia and Thailand March 20-24. During his travel, Counselor Chollet will engage with senior government leaders and key stakeholders on…
FFIEC Announces Availability of 2020 Data on Mortgage Lending
WASHINGTON, D.C. – The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2020 mortgage lending transactions at 4,475 U.S. financial institutions reported under the Home…