Reverse Mortgage Companies to Pay $20M in Enforcement Actions with CFPB
Reverse mortgages were in the crosshairs of the Consumer Financial Protection Bureau…
Student Loan Debt Relief Company to Close, Pay $400k in CFPB Enforcement Action
The Consumer Financial Protection Bureau yesterday announced an enforcement action against Western…
CFPB Sues Online Lender for Deceptive Dark Patterns
The day after the Supreme Court ruled that its funding structure was…
Delayed Refunds Costs Chime Financial $5M
The Consumer Financial Protection Bureau (CFPB) yesterday announced an enforcement action against…
CFPB Assesses $5M in Fines and Penalties Over Student Loan Servicing Issues
The Consumer Financial Protection Bureau yesterday announced an enforcement action against the…
Payment Processor to Pay $10M to Settle Claims with FTC, Barred from Working with Collectors, Debt Relief Companies
The Federal Trade Commission has taken legal action against a payment processing…
DFPI Fines Student Loan Servicer for Delivering Report 17 Days Late
The California Department of Financial Protection and Innovation announced yesterday it had…
CFPB Fines Vocational School for Deceiving Students, Hiding Finance Charges
The Consumer Financial Protection Bureau yesterday announced an enforcement action against a…
Pathward Bank to Pay $700k in Fines, Penalties For Seizing Funds Paid to Debt Collectors
The Attorney General of New York yesterday announced that a financial institution…
Mass. AG Seeks Injunction Against Debt Buyer, Collection Operation To Halt ‘Deceptive’ Practices
The Attorney General of Massachusetts is seeking a preliminary injunction against a…