CFPB

CFPB Fines Bank of America Over Mortgage Lending Data Submissions

CFPB Fines Bank of America Over Mortgage Lending Data Submissions
CFPB Fines Bank of America Over Mortgage Lending Data Submissions
November 28, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay $12 million for submitting incomplete mortgage lending data to the federal government. Get...

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CFPB Orders Prehired to Pay $30 Million, Cease Operations
CFPB Orders Prehired to Pay $30 Million, Cease Operations
November 20, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB), in collaboration with 11 states, has announced an enforcement action against Prehired, a Delaware-based company that has filed for bankruptcy and ceased operations....

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CFPB Fines Toyota Motor Credit $60 Million for Illegal Practices
CFPB Fines Toyota Motor Credit $60 Million for Illegal Practices
November 20, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered Toyota Motor Credit to pay a $60 million fine for engaging in illegal lending practices and credit reporting...

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CFPB Data on Medical Bill Complaints Underscores Need for Flexible Financing
CFPB Data on Medical Bill Complaints Underscores Need for Flexible Financing
November 20, 2023  |  Healthcare

Missed payments. Billings made in error. Bills in collection, resulting in only partial payments or none at all. Get the Full Story Complete the form...

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CFPB: Medical Bills Account for 15% of Consumer Complaints
CFPB: Medical Bills Account for 15% of Consumer Complaints
November 16, 2023  |  CFPB

American consumers are routinely hounded over medical bills they don’t even owe. Get the Full Story Complete the form to unlock this article and enjoy...

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CFPB Bans Enova From Offering Certain Consumer Loans
CFPB Bans Enova From Offering Certain Consumer Loans
November 15, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ordered online lender Enova International to pay a $15 million penalty, banned it from offering certain consumer loans...

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Fed and CFPB Raise Dollar Thresholds for Lending, Leasing Rules
Fed and CFPB Raise Dollar Thresholds for Lending, Leasing Rules
November 13, 2023  |  Legal & Regulation

The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. Get the Full...

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CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
November 08, 2023  |  Legal & Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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