New CFPB leadership allegedly uncovered what attorneys call the targeting of Townstone Financial based on its political ...
In a surprising turn of events, the Consumer Financial Protection Bureau (CFPB or Bureau) and Townstone Financial, Inc. (Townstone) have jointly ...
Officials with the Trump administration claim the CFPB engaged in misconduct and should never have brought the case, which was filed in 2020 by former CFPB Director Kathy Kraninger, a Trump appointee.
and open the floodgates for unchecked financial misconduct. Since its creation in 2010 as part of the Dodd-Frank Act, the CFPB has been a critical safeguard against predatory lending ...
The CFPB also monitors loan servicer misconduct. When federal loan repayment restarted after a three-year pause, the CFPB identified a range of issues with federal loan servicing, including ...
A few notable examples of dropped suits include: Allegations ... to report misconduct can do so using dedicated communication channels. » Have you submitted a complaint to the CFPB?
Administration lawyers have denied the allegations that they plan to eliminate the CFPB, emphasizing President Trump’s nomination of Jonathan McKernan for CFPB director. The Senate Banking ...
The proposal to issue $5,000 "DOGE dividend" stimulus checks to American taxpayers has encountered a potential setback, as recent fiscal reports indicate that the anticipated savings from the ...
If the CFPB is weakened, oversight could diminish, allowing servicers to operate with fewer consequences for mistakes or intentional misconduct. The CFPB has played a role in monitoring how loan ...
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