CFPB

Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues

Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
April 10, 2018  |  News

Wells Fargo is expanding the review of its auto products and the services it finances after customers purchase a vehicle at an auto dealership. Get the...

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Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

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Mulvaney Uses CFPB Structure As Excuse To Not Answer Congress’ Questions
Mulvaney Uses CFPB Structure As Excuse To Not Answer Congress’ Questions
April 06, 2018  |  CFPB

Consumer Financial Protection Bureau acting director Mick Mulvaney is using the agency’s structure as an excuse to refuse to answer questions about his leadership. Get...

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Payments And The Power To Reset And Restart
Payments And The Power To Reset And Restart
April 04, 2018  |  Today In Data

The times, as Nobel laureate Bob Dylan sang, they are a changin’ — and quickly. Sending money around the world just got a lot more...

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Mulvaney Says CFPB Is Too Powerful
Mulvaney Says CFPB Is Too Powerful
April 03, 2018  |  CFPB

CFPB Acting Director Mick Mulvaney offered up the agency’s first semi-annual report under his tenure. Other than saying the agency is “too powerful” and offering...

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Consumers Paid $34.3B In Overdraft Fees In 2017
Consumers Paid $34.3B In Overdraft Fees In 2017
March 29, 2018  |  Banking

Overdraft fees have reached their highest level since 2009, which was at the end of the Great Recession. Consumers paid $34.3 billion in overdraft fees...

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Changing The Direction Of Debt Collection
Changing The Direction Of Debt Collection
March 27, 2018  |  Alternative Credit

Debt collectors are historically an unpopular group of people. Even the Bible has shade to throw their way. (Debt collectors, Biblically speaking, share a category...

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CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
March 09, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) introduced a final rule on Thursday (March 8) that it said will help mortgage servicers communicate with borrowers who...

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