Consumer Financial Protection Bureau

CFPB’s New Director Hones in on Largest Big Tech Players
CFPB’s New Director Hones in on Largest Big Tech Players
December 03, 2021  |  Big Tech

Consumer Financial Protection Bureau director Rohit Chopra, a former Federal Trade Commission member, is taking a closer look at Amazon.com, Apple, Facebook parent Meta Platforms,...

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CFPB to Gather Comments on Data Collection in Mortgage Lending
CFPB to Gather Comments on Data Collection in Mortgage Lending
November 16, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is looking for input on implementing the Home Mortgage Disclosure Act (HMDA), which requires lenders to report information about...

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CFPB’S Chopra: Stablecoins May ‘Create Stress’ on US Financial System Without ‘Oversight’
CFPB’S Chopra: Stablecoins May ‘Create Stress’ on US Financial System Without ‘Oversight’
November 01, 2021  |  CFPB

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra said the agency will be taking action on stablecoins, according to a press release. The director’s statements...

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CFPB Sues LendUp Alleging Online Lender Broke Consent Order
CFPB Sues LendUp Alleging Online Lender Broke Consent Order
September 08, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is alleging in court that LendUp Loans has violated a 2016 consent order and deceived borrowers, according to a...

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CFPB Proposal to Help SMBs Gain Access to Credit
CFPB Proposal to Help SMBs Gain Access to Credit
September 01, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) proposed a new rule Wednesday (Sept. 1) that will help small- to medium-sized businesses (SMBs) get access to credit,...

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BNPL’s Awkward Dance Sees It Waiving Late Fees For Consumers While Awaiting Increased Scrutiny From Regulators
BNPL’s Awkward Dance Sees It Waiving Late Fees For Consumers While Awaiting Increased Scrutiny From...
August 22, 2021  |  Buy Now Pay Later

Square is planning to purchase buy now, pay later (BNPL) firm Afterpay for $29 billion. It’s a validation of the space, yes, but it also...

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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 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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