The Consumer Financial Protection Bureau’s new interim head, Mick Mulvaney, is looking at Wells Fargo’s case to see if it should be on the hook for tens of millions of dollars over mortgage lending abuse, reported Reuters. Get the Full Story Complete the form to...
The state of California’s insurance regulator is aiming to suspend or revoke the insurance licenses from Wells Fargo due to illicit sales practices with an online referral program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Bank examiners can stay in house, a policy where they work inside the institutions they supervise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The European Court of Justice, the court of last resort in the EU, has ruled that luxury good makers may ban the sale of their products on eCommerce platforms like Amazon to maintain the exclusivity of their brands. Get the Full Story Complete the form...
In a soap opera that seems determined to get ever bubblier, the CFPB has now been sued by a federal credit union looking to stop Mick Mulvaney from being installed as the agency’s leader. Get the Full Story Complete the form to unlock this article...
Interim CFPB head Mick Mulvaney has announced that the agency has frozen its collection of person information due to concerns about cybersecurity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Consumer Financial Protection Bureau and payday loans have had a wild ride over the last 24 months. After a contentious rulemaking process, an even more contentious first draft and then a somewhat less contentious (but still pretty divisive) final rule drafting, the argument about what access consumers...
And the (legal) beat went on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
A federal appeals court has revived a proposed class-action lawsuit accusing Capital One Financial Corp. of imposing illegal overdraft fees on customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
