Consumer Financial Protection Bureau

CFPB Could Block Lenders From Charging for Title Insurance
CFPB Could Block Lenders From Charging for Title Insurance
April 10, 2024  |  CFPB

America’s leading consumer watchdog is reportedly weighing a sweeping change to the title insurance industry. As Bloomberg News reported Wednesday (April 10), the Consumer Financial...

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Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
April 09, 2024  |  CFPB

The fight over credit card late fees may go to Capitol Hill. Sen. Tim Scott of South Carolina unveiled a joint resolution Monday (April 8) that would prevent the...

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CFPB Late Fee Lawsuit Gets Sent Back to Texas
CFPB Late Fee Lawsuit Gets Sent Back to Texas
April 07, 2024  |  CFPB

A federal lawsuit challenging new credit card late fee limits will remain in Texas. The U.S. Court of Appeals for the Fifth Circuit ruled Friday (April 5)...

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CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
April 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by homebuyers and the potential risk this may pose to consumers....

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CFPB Monitoring Video Games, Virtual Worlds for Consumer Protection Compliance
CFPB Monitoring Video Games, Virtual Worlds for Consumer Protection Compliance
April 04, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring video games and virtual worlds to ensure their compliance with federal consumer financial protection laws. This monitoring...

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PayPal’s Court Win Spotlights Continuing Evolution of Digital Wallets
PayPal’s Court Win Spotlights Continuing Evolution of Digital Wallets
April 03, 2024  |  Mobile Wallets

The legal dust-up between PayPal and the Consumer Financial Protection Bureau (CFPB) over digital wallets has notched a win in PayPal’s favor. As reported this...

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Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
April 01, 2024  |  Legal

PayPal won a legal victory against the U.S. consumer protection watchdog. According to court documents cited in a Friday (March 29) Law 360 report, U.S. District...

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CFPB Report: Installments Top Consumer Complaints on Personal Loans
CFPB Report: Installments Top Consumer Complaints on Personal Loans
March 29, 2024  |  Loans

The Consumer Financial Protection Bureau detailed in its 2023 Consumer Response Annual Report that consumers have been the targets of fraudulent account openings, and installment...

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Despite Regulatory Concerns, Many Consumers Use BNPL as a Financial Lifeline 
Despite Regulatory Concerns, Many Consumers Use BNPL as a Financial Lifeline 
March 27, 2024  |  Buy Now Pay Later

This week Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), updated reporters about his agency’s efforts to scrutinize credit card reward programs.  What some may have...

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