CFPB

CFPB Looks Into US Bancorp’s Consumer Sales Practices
CFPB Looks Into US Bancorp’s Consumer Sales Practices
May 06, 2021  |  Banking

The Consumer Financial Protection Bureau (CFPB) is looking into some of U.S. Bancorp’s consumer sales practices, according to the financial services company’s 10-Q filed this...

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CFPB Tries To Fend Off A Potential Foreclosure Crisis
CFPB Tries To Fend Off A Potential Foreclosure Crisis
April 20, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is taking a long hard look at mortgage servicers — and whether they’ve really been compliant with pandemic-era programs...

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CFPB Proposes New Protections For Struggling Mortgage Holders
CFPB Proposes New Protections For Struggling Mortgage Holders
April 05, 2021  |  CFPB

Under a new set of Consumer Financial Protection Bureau (CFPB) rule changes, avoidable foreclosures would be able to be prevented, according to a press release....

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Pandemic, Credit Reporting Issues Send CFPB Complaints Up 54 Pct
Pandemic, Credit Reporting Issues Send CFPB Complaints Up 54 Pct
March 24, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) found in its Consumer Response Annual Report for 2020 that there were about 542,300 complaints last year, according to...

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Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
March 02, 2021  |  CFPB

Rohit Chopra, President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB), plans to go to bat for Americans struggling with debt amid...

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Today In Payments: InsurTech Oscar Health Files for IPO; Robinhood Margin Account Users 14 Times More Likely To Default
Today In Payments: InsurTech Oscar Health Files for IPO; Robinhood Margin Account Users 14 Times...
February 08, 2021  |  News

In today’s top news, Oscar Health filed for an IPO, and Robinhood borrowers are 14 times more likely to default on loans. Plus, Hyundai denied...

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Biden’s CFPB Focuses On Debt Collection As Early Priority
Biden’s CFPB Focuses On Debt Collection As Early Priority
February 08, 2021  |  CFPB

Every new presidential administration gets to make its imprint on regulations — and by extension, the financial services industry. Get the Full Story Complete the...

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PayPal Cooperating With CFPB On Venmo Investigation
PayPal Cooperating With CFPB On Venmo Investigation
February 05, 2021  |  Digital Payments

PayPal Holdings said Friday (Feb. 5) its payments app Venmo was being investigated over allegations of unauthorized fund transfers and collections processes. The company told...

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Biden To Name Dave Uejio Acting Head Of CFPB
Biden To Name Dave Uejio Acting Head Of CFPB
January 21, 2021  |  Regulation

After the director of the Consumer Financial Protection Bureau (CFPB) resigned to follow the wishes of the new administration, the White House said President Joe Biden would...

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