The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
The Consumer Financial Protection Bureau has filed suit against Rocket Homes, alleging the real-estate company provides incentives to brokers and agents to steer home buyers to its parent company ...
Marianne Lake, CEO of consumer and community banking at JPMorgan Chase, worries most about an uneven playing field, where “as ...
The Consumer Financial Protection Bureau (CFPB) this week announced it has ... time to gather feedback for potential amendments to the regulation that implements the Fair Credit Reporting Act ...
On December 3, the CFPB released a proposed rule to amend Regulation V, which implements the FCRA in an attempt to have the FCRA cover the activities of data brokers by amending the definitions of ...
The Consumer Financial Protection Bureau (CFPB) recently issued its long-awaited proposed rule to amend Regulation V, which implements the Fair Credit Reporting Act (FCRA). If enacted, the ...
The new regulation, first proposed earlier this year ... has drained billions of dollars from Americans' deposit accounts," CFPB Director Rohit Chopra said in a statement. "The CFPB is cracking ...
The CFPB says it will distribute $1.8 billion to 4.3 million consumers who were charged illegal advance fees by Lexington Law and CreditRepair.com, which used telemarketing to offer credit repair ...
By pushing for overly political, unnecessary, and harmful regulations that are unlikely to see the light of day, the CFPB is squandering resources that could be better utilized elsewhere.
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