The Consumer Financial Protection Bureau issued a final rule that establishes supervisory authority over nonbank companies that are larger participants in a market for general-use digital consumer payment applications. Source link Read more »
The Consumer Financial Protection Bureau issued a consent order against Global Tel Link Corporation and its subsidiaries for engaging in unfair payments practices in violation of the Consumer Financial Protection Act that... Read more »
The Consumer Financial Protection Bureau issued a consent order against Navy Federal Credit Union for engaging in unfair acts and practices in violation of the Consumer Financial Protection Act for charging illegal... Read more »
The Consumer Financial Protection Bureau resolved a lawsuit brought against Townstone Financial Inc., a Chicago-based nonbank retail-mortgage creditor, for alleged violations of the Equal Credit Opportunity Act and the Consumer Financial Protection... Read more »
The Consumer Financial Protection Bureau issued a consent order against VyStar Credit Union for engaging in unfair acts and practices in violation of the Consumer Financial Protection Act in its failed transition... Read more »
The Consumer Financial Protection Bureau issued guidance for employers on adherence to the Fair Credit Reporting Act when using third-party consumer reports to make employment decisions about workers. Source link Read more »
The Consumer Financial Protection Bureau entered consent orders with Apple Inc. and Goldman Sachs Bank USA for violations of the Consumer Financial Protection Act and Truth in Lending Act related to the... Read more »
The Consumer Financial Protection Bureau issued a final rule implementing the personal financial data rights established by the Consumer Financial Protection Act. Source link Read more »
The Consumer Financial Protection Bureau (CFPB) published Supervisory Highlights describing its findings from auto finance company examinations conducted between November 2023 and August 2024, including illegal practices in auto loan origination disclosures,... Read more »
The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion to prevent consumers from being targeted by illegal medical debt practices, including careless or predatory practices that can lead to inflated healthcare... Read more »