That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided ... ultimately pushing these borrowers toward non-qualified mortgage loans and higher rates.
The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments ...
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There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024 There were a total of 298 consumer complaints submitted to the Consumer ...
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In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...
On January 17, the CFPB released its complaint and proposed consent order against a nondepository mortgage company, alleging violations of the ECOA and Regulation B as well as the CFPA.
Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022, the ...
The Consumer Financial Protection Bureau’s (CFPB) new rule banning medical debt from credit reports could see a delay and further reconsideration. The rule was published Jan. 14 in the Federal ...
The CFPB is calling on state governments to increase their focus on consumer financial protection laws. “Enforcing consumer protection law has long been a state-federal partnership in which the ...