Page 39 - Cfpb News Today

The federal regulator that ordered Wells Fargo & Co. to pay $3.7 billion in fines and customer compensation has posted more details on how it determined the violations.

Consumer advocates urged a district court to dismiss a lawsuit against the Consumer Financial Protection Bureau, alleging that discrimination is an "unfair," practice under the Dodd-Frank Act.

The days of Wells Fargo's existence appear to be numbered after the Consumer Financial Protection Bureau (CFPB) delivered a major blow to the company for its financial malfeasance. The CFPB [...]

Within hours of Richard Cordray assuming the role of director at the CFPB, agency officials began exercising their newly expanded powers.

The embattled bank faces consequences of its widespread illegal activity

Book a flight or hotel room now, and pay it off later? It’s an increasingly common trend in travel spending. Companies like American Airlines, United Airlines and vacation rental website

WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and

Consumer Financial Protection Bureau CFPB issued release on December 12 2022 considering proposed rule would require nonbank financial institutions to register with CFPB following confirmed violation of consumer protection laws reporting by nonbank institutions.

The loans for self-employed borrowers are getting a fresh examination to determine if they fall within the Consumer Financial Protection Bureau's updated guidelines for qualified mortgages, which went into effect in October.

Federal regulators fined Wells Fargo $1.7 billion on Tuesday for "widespread mismanagement" over multiple years that harmed over 16 million consumer accounts.