CFPB

Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct

Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
September 12, 2016  |  Banking

In the wake of firing more than 5,300 employees and paying $185 million in fines to help settle an investigation into what some have called...

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The Wells Effect
The Wells Effect
September 12, 2016  |  Bank Regulation

Last week, the CFPB came down on Wells Fargo when it exposed its egregious business practices, all in the name of being focused on the...

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Finance Fundamentals For Digital Fledglings
Finance Fundamentals For Digital Fledglings
September 08, 2016  |  CFPB

If startup innovators and finance experts are struggling to keep ahead of the curve in the rapidly evolving digital and physical finance world, educators and...

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How Regulators Killed The Wells Fargo-Amazon Student Lending Venture
How Regulators Killed The Wells Fargo-Amazon Student Lending Venture
September 07, 2016  |  Legal & Regulation

It was one of the more notable pair-ups in recent memory — in part, because it was so short. Get the Full Story Complete the form...

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CFPB Says Bank Account Service Issues Top Consumer Gripes
CFPB Says Bank Account Service Issues Top Consumer Gripes
August 31, 2016  |  CFPB

The latest monthly complaint report from the Consumer Financial Protection Bureau, released on Aug. 30, shows that the top-of-mind complaints centered on banking, ranging from...

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CFPB Fines FNBO $32M Over ‘Illegal’ Credit Card Practices
CFPB Fines FNBO $32M Over ‘Illegal’ Credit Card Practices
August 26, 2016  |  CFPB

The CFPB will collect more than $32 million in fines from First National Bank of Omaha over credit card practices the regulator found to be...

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CFPB’s $100M Gift To The Plaintiff’s Bar (If Arbitration Goes Bye-Bye)
CFPB’s $100M Gift To The Plaintiff’s Bar (If Arbitration Goes Bye-Bye)
August 24, 2016  |  CFPB

The Consumer Financial Protection Bureau has quantified the impact of getting rid of the class-action waivers in consumer financial contracts, which prevent customers from filing...

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CFPB Charges Wells Fargo Over Student Loan Servicing Practices
CFPB Charges Wells Fargo Over Student Loan Servicing Practices
August 23, 2016  |  CFPB

Wells Fargo may have recently announced a partnership with Amazon to give student loan borrowers a break, but when it comes to servicing its existing...

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