CFPB

CFPB And The Lonely Battle Against Debt Collection Fraud … And Congress
CFPB And The Lonely Battle Against Debt Collection Fraud … And Congress
April 08, 2016  |  CFPB

In a hearing up on Capitol Hill, CFPB Director Richard Cordray detailed his agency’s record on the continuing fight against financial fraud, and some Republicans...

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Senators Scuffle Over CFPB’s Payday Lending Regulations
Senators Scuffle Over CFPB’s Payday Lending Regulations
April 06, 2016  |  CFPB

In a bit of jousting just before the Consumer Financial Protection Bureau is slated to present a semiannual report to Congress, senators on both sides...

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CFPB Cracks Down On Illegal Student Loan Fees
CFPB Cracks Down On Illegal Student Loan Fees
March 31, 2016  |  CFPB

The CFPB announced yesterday (March 30) that it has taken action against a student loan debt relief scam that causes borrowers to pay for illegal...

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Debt Collectors Are No. 1 — On The CFPB Complaint List
Debt Collectors Are No. 1 — On The CFPB Complaint List
March 30, 2016  |  CFPB

The Consumer Financial Protection Bureau said Tuesday (March 29) that it has released its newest monthly consumer complaint snapshot, which, as per usual, spotlights complaints...

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CFPB Warns Of Elderly Financial Exploitation
CFPB Warns Of Elderly Financial Exploitation
March 24, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Wednesday (March 23) that it has issued an advisory alongside a report detailing recommendations for financial institutions, ranging...

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CFPB Wins $173M Illegal Debt Relief Scheme Case
CFPB Wins $173M Illegal Debt Relief Scheme Case
March 21, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Friday (March 18) that, at the agency’s request, a federal district court has entered a final judgment against Morgan Drexen,...

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CFPB Director’s Semi-Annual Report Sparks Debate
CFPB Director’s Semi-Annual Report Sparks Debate
March 17, 2016  |  CFPB

Commentary published on Wednesday (March 16) by National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger may signal a contentious debate over assertions by the Consumer...

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Lawmakers Urge CFPB To Ease Up On Small Banks
Lawmakers Urge CFPB To Ease Up On Small Banks
March 16, 2016  |  CFPB

A majority of the U.S. House of Representatives has spoken out in a new bipartisan letter urging the CFPB to remove small banks and credit unions...

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