CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
HousingWire13h
New FHFA final rule seeks to expand liquidity for FHLBank system
The new rule seeks to give more control to the banks over their short-term investments to expand their liquidity.
JD Supra14h
CFPB finalizes rule to remove medical bills from credit reports and prohibit lenders from considering medical information
On January 7, the CFPB issued a final rule amending Regulation V. Among other things, the final rule prohibits credit reporting companies ...
JD Supra15h
CFPB issues first application approval for company to issue standards for open banking
On January 8, the CFPB issued an order recognizing a company as a standard-setting body under its Personal Financial Data Rights rule, marking ...
The CFPB Is Digging In for Last Days of Biden's Term. But What Happens Next?
There are a lot of consumers and particularly consumer advocates who think that the CFPB has done a great job. Trump held ...
NerdWallet16h
What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
CFPB Proposes Rule to Regulate Data Brokers Selling Sensitive Information
In today's digital landscape, data brokers are like modern-day gold miners, sifting through the intimate details of our lives ...