"[This] rule stops unscrupulous companies and salespeople from luring homeowners into unaffordable loans." Homeowners are now ...
CFPB acts against Draper & Kramer Mortgage for alleged discriminatory lending, facing a potential ban and $1.5M penalty.
Lenders soon won't be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers ...
The CFPB has ordered Equifax to pay $15 million for improperly investigating credit report disputes and providing inaccurate ...
Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial ...
At a 0.5% APY, which Capital One offers on the original 360 Savings accounts, it produces even less. Some megabanks can offer savings accounts with rates as low as 0.01% or 0.02%, according to ...
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency ...
The Consumer Financial Protection Bureau said American Honda Finance Corp. inaccurately reported 300,000 borrowers as delinquent who had paused loan payments during the pandemic.
On January 3, 2025, the Consumer Financial Protection Bureau (CFPB) announced a comprehensive reboot of its No-Action Letter (NAL) and ...
The consumer watchdog agency is closing out President Joe Biden's term with guns blazing, issuing new rules and regulations at a furious pace. However, many of them could be reversed by the incoming ...
A technical glitch at Capital One has left thousands of banking customers unable to access their bank accounts, process ...
The AG's office says it is seeking injunctive relief, civil penalties, restitution, costs and attorneys fees, as well as other relief to end the alleged kickback scheme.