Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
Hosted on MSN3d
Capital One Merges with Discover for $35.3B Despite Regulatory Hurdles
The financial world is bracing itself with the news of Capital One’s ($COF) $35.3 billion all-stock acquisition of Discover ...
CNET5d
CashApp Customers Could Get a Refund for Fraud Protection Failures After CFPB Ruling
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...
JD Supra5d
Capital One Faces Lawsuit Over Savings Account Practices
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
American Banker5d
Why Democrats are still in charge of the CFPB and OCC
Experts say the Trump administration is waiting for Scott Bessent to be confirmed as treasury secretary and for other ...
NerdWallet5d
CFPB Rule Would Help Medical Debtholders: Who Are They?
People in this impacted group could see their credit scores jump by 20 points, according to the CFPB. With this new ruling ... those with no medical expenses. One factor that seems to mitigate ...
JD Supra6d
CFPB Takes a Stance on Home Equity Contracts
On January 15, 2025, the Consumer Financial Protection Bureau (“CPFB” or the “Bureau”) took three coordinated actions related to home equity ...