Consumer Financial Protection Bureau (CFPB)

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CFPB Unveils Plan To Remove Medical Debt From Credit Reports

Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods.

CFPB Issues Guidance On AI In Credit Underwriting

Creditors must provide specific and accurate reasons for credit denials, even with complex AI models.

Sep 19, 2023
Industry Insiders Seek Regulation After CFPB Hits Credit Repair Giants With $2.7B Fine

Mixed reactions follow landmark settlement as some hope it could pave the way for future regulation and consumer protection.

Aug 29, 2023
CFPB Seeks $2.7B Settlement Against Credit Repair Firms For Unlawful Telemarketing Fees

Group of largest credit repair organizations face historic penalties following illegal advance fee collection.

Aug 29, 2023
Townstone Financial Responds to CFPB's Redlining Suit Appeal

Industry attorneys forecast uphill battle for bureau which lost at district court level.

Aug 24, 2023
CFPB Fines Freedom Mortgage $1.75 Million For Illegal Kickbacks

Lender provided incentives to Realty Connect and other brokerages in exchange for mortgage referrals.

Aug 17, 2023