Page 40 - Cfpb News Today

Regulators said Wells Fargo has also been ordered to pay almost $200 million in refunds to those harmed by the banks mortgage servicing accounts.

Wells Fargo & Co. has been ordered by the federal Consumer Financial Protection Bureau to pay $1.7 billion in fines and more than $2 billion in redress and compensation to

Its own. For fines paid for being itself.

Wells Fargo is still paying for the major scandal that landed it in hot water six years ago.

The Fair Credit Reporting Act provides rights to consumers regarding their credit reports. Understanding these rights can protect your credit.

OAKLAND – California Attorney General Rob Bonta, as part of a coalition of 22 attorneys general, filed an amicus brief in the U.S. Supreme Court in support of

CFPB released new Supervisory Highlights identifying examinations findings in the areas of auto servicing, consumer reporting, debt collection, deposits, mortgage origination, mortgage servicing and payday lending completed between January 1, 2022, and June 31, 2022.

Many experts think the Consumer Financial Protection Bureau's funding through the Federal Reserve could be the fatal flaw in the Dodd-Frank Act that created the agency, but differentiating the CFPB's structure from others may be tricky.

CFPB denied a crypto institution’s petition for modifying a pending civil investigative demand CID that the Bureau issued the institution in December of 2021. The CFPB issued the CID as part of an investigation into the institution’s advertisement of certain offerings.

Sen. Menendez asked the CFPB to investigate MOHELA, a student-loan company that manages all accounts for the Public Service Loan Forgiveness program.