Page 30 - Cfpb News Today

The IG office says it already is providing “robust oversight.”

The Consumer Financial Protection Bureau says the giant debt collector is a repeat offender that sued borrowers even when it lacked documentation about a debt. The company says it denies wrongdoing but agreed to the settlement.

CFPB's report on unlawful junk fees in deposit accounts and in multiple loan servicing markets identifies instances of depository institutions charging junk fees on consumer deposit accounts, including surprise overdraft fees and multiple NSF fees for a single transaction.

CFPB published report analyzing financial profiles of consumers who borrow through buy now, pay later lending products finding BNPL borrowers are more likely to be active users of other credit products like credit cards and alternative financial services like payday loans.

The Film and Publication Board opened a case against an EFF member seen in a video threatening to harm children who attend school on the day of the party's planned national shutdown.

Some student-loan companies have "illegally" sent borrowers' debt back to collections after a bankruptcy discharge. The CFPB has put them on notice.

Most Americans alive today remember the "Great Recession" of 2007-08 and know just how close the country came to total economic collapse, thanks to bad banking business practices. In [...]

Consultation with the presiden looked like? can you walk us through th tiktok of how this went down >> so, that language i designed to show that the fdic and the other regulators wer following the law. the financial reform require this kind of consultation in order for the fdic to do wha it just did. the fdic board, which is mad up of the -- currency, the cfpb director, and other fdic board members i addition to the chairman, they had to sign off on it. the treasury secretary had t sign off on i...

Policies were introduced to provide greater consumer protections, but the bureau specifically noted within its announcement questions it had received regarding payment adjustments in response to competitive pressure or following an originator error

Order for the fdic to do wha it just did. the fdic board, which is mad up of the -- currency, the cfpb director, and other fdic board members i addition to the chairman, they had to sign off on it. the treasury secretary had t sign off on it so did the president thats in dot frank. if they hadnt done that, they could be accused of followin the law and not taking the proper steps, and its a reall big deal that they use thi profession to create thi situation where the depositors are being made who...