As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.” So it was a bit like déjà vu when Elon Musk, Trump’s new presidential ...
ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a lawsuit Thursday against the CFPB and Director Rohit Chopra in the U.S. District Court for the Southern ...
The actions are widely expected to be rescinded by a new incoming acting CFPB director appointed by President-elect Trump. Both actions — a nonbinding interpretive rule on how existing law applies to ...
“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” CFPB Director Rohit Chopra said in a statement. “The CFPB’s lawsuit seeks to ...
The top US consumer financial regulator is seeking to strengthen protections for customers against excessive surveillance and fraud in digital payments and currencies. The Consumer Financial ...
The CFPB said Monday that Vanderbilt Mortgage & Finance's decisions put many families in a position where they struggled to pay their bills and purchase basic necessities. In one example ...
Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., August 29, 2020. [Photo: Andrew Kelly/Reuters, File] The top U.S. watchdog agency for ...
"Experian conducted sham investigations rather than properly reviewing the disputes as required by federal law," CFPB Director Rohit Chopra said. A representative for Experian said the lawsuit is ...
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
Banning consumer reporting agencies from including medical debt on credit reports sent to lenders will also help stop lenders from using credit reports to force bill payments, the CFPB said.
The CFPB said the new rule will remove roughly $49 billion in medical bills from the credit scores of 15 million Americans. The agency said it found that medical debt provides little predictive ...
"When consumers disputed errors on their credit reports, Experian conducted sham investigations rather than properly reviewing the disputes as required by federal law," CFPB Director Rohit Chopra ...