Consumer Financial Protection Bureau
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SCRANTON – The federal Consumer Financial Protection Bureau is fighting an order that would allow one of its former staffers to testify against it in Pennsylvania federal court.
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SCRANTON, Pa. (Legal Newsline) - The Consumer Financial Protection Bureau's lawsuit against student loan giant Navient suffered a setback on March 19 when a federal judge was told a key Navient witness shouldn't be disqualified.
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Populated by zealous Obama administration holdovers, the CFPB is unaccountable to Trump and taxpayers.
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PROVIDENCE, R.I. (Legal Newsline) - A federal consumer protection agency has filed suit against a bank over claims it failed to investigate and reimburse credit card holders following unauthorized use and billing errors.
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ATLANTA (Legal Newsline) - A tax preparation firm that also offers checks in anticipation of refunds has failed to respond to requests for information from a federal consumer protection agency, according to a filing in federal court in Atlanta.
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LOS ANGELES (Legal Newsline) – Monster Loans, Lend Tech and others are facing allegations by The Bureau of Consumer Financial Protection of illegally obtaining consumer reports and marketing false student loan debt-relief services.
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NEW YORK (Legal Newsline) - A New Jersey lawyer who operates a debt-collection service has sued the Consumer Financial Protection Bureau, saying the agency is unconstitutional and has harassed her firm and its clients by seeking privileged communications.
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SCRANTON, Pa. (Legal Newsline) - American Enterprise Institute (AEI) resident fellow Jason Delisle said a recently unsealed brief showed that Navient Corporation was simply doing its job when offering forbearance as an option to borrowers.
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Documents officially unsealed by Pennsylvania’s Clerk of Court on Wednesday detail new evidence that student loan server Navient Corporation had no system in place to direct borrowers toward forbearance despite evidence to the contrary presented by the Consumer Financial Protection Bureau (CFPB).
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WASHINGTON, D.C. — A broker of pension assignments who allegedly violated the Consumer Financial Protection Act by offering high-interest credit to veterans, has settled with the federal government for $1, according to the Consumer Financial Protection Bureau.
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ALBANY — A 21-state coalition of attorneys general is asking the federal government to abandon recent proposals that the coalition argues would give financial services companies immunity from certain regulatory and licensing requirements.
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WASHINGTON (Legal Newsline) — A payday retail lender operating in several states has settled charges by the federal government of failing to prevent overcharges, making harassing collection calls to borrowers' references and falsely advertising services that the company did not really offer.
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SACRAMENTO — California's attorney general has criticized the Consumer Financial Protection Bureau's (CFPB) recent reversion of its Payday, Vehicle Title and Certain High-Cost Installment Loans rule, arguing the rule protects against predatory lending.
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WASHINGTON, D.C. — The Consumer Financial Protection Bureau has announced a proposal to take away sections of its "Payday, Vehicle Title and Certain High-Cost Installment Loans" rule that pertains to underwriting requirements for payday, single-payment vehicle title and long-term balloon payment loans in an effort to increase access to credit for consumers.
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The Consumer Financial Protection Bureau (CFPB) is seeking Congressional approval to oversee lenders who serve military members and their families to insure Military Lending Act (MLA) compliance.
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WASHINGTON, D.C. — USAA Federal Savings Bank will pay approximately $12 million in restitution and a $3.5 million fine to settle charges by the federal government that the bank violated the Electronic Fund Transfer Act.
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SACRAMENTO — California's attorney general is the latest to join a bipartisan, multistate coalition condemning the Consumer Financial Protection Bureau's (CFPB) decision to eliminate oversight of lender compliance of the Military Lending Act (MLA).
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CHICAGO — A coalition of 12 state attorneys general is arguing for the federal government to either withdraw or modify a proposal that would allow companies to offer financial products without compliance with federal disclosure laws.
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WASHINGTON, D.C. — The Consumer Financial Protection Bureau has reached a settlement with Bluestem Brands Inc., Bluestem Enterprises Inc., and Bluestem Sales Inc., (the Bluestem companies) to resolve allegations of delaying transfers of customer payments to debt buyers.
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WASHINGTON (Legal Newsline) – A federal employee alleges that she is paid less than her male co-workers with the same experience.