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Page 19 - Cfpb News Today
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August 22, 2023
On August 15, CFPB Director Rohit Chopra announced plans for new CFPB rules that would strictly limit the types of consumer data that can be sold by businesses and ensure that data brokers comply...
August 21, 2023
Consumer protection watchdog also penalizes a real estate broker
August 17, 2023
A new report warns consumers about the pitfalls of reverse mortgages and says unscrupulous lenders are using ads to unfairly target low-income people.
August 17, 2023
What took place this week in the credit card and payment industries
August 16, 2023
The US government has already laid its eyes on data brokers who are notorious in selling the sensitive personal information of Americans.
August 15, 2023
* Keep track of who's who in the latest indictment. [Politico] * Meanwhile, Abbe Lowell and Winston & Strawn have stepped up their collective role in the Hunter Biden case, arguing that the original plea agreement included binding government promises that didn't evaporate just because the judge rejected the deal. [Law360] * CFPB going after data brokers selling people's personal data. Yet again, the government agency making the most direct, tangible impact for people is the on...
August 8, 2023
The onslaught of "junk" fees by big banks is hardly a nickel and dime matter.
August 8, 2023
On July 31, the U.S. District Court for the Southern District of Texas enjoined the CFPB from implementing and enforcing the small business lending rule...
August 8, 2023
On July 26, the CFPB released its Summer 2023 Supervisory Highlights reporting unfair, deceptive, and abusive acts or practices (UDAAPs) across a number of consumer financial products...
August 7, 2023
A federal judge on Monday put on hold a predatory lending lawsuit against Credit Acceptance Corp by the U.S. Consumer Financial Protection Bureau and New York Attorney General Letitia James, over objections from both regulators. In staying the lawsuit, U.S. District Judge Jennifer Rearden in Manhattan cited a separate case before the U.S. Supreme Court over whether the CFPB's funding mechanism is constitutional. A ruling against the CFPB could imperil actions by the consumer watchdog sinc...