Tagged: Consumer Financial Protection Bureau (CFPB)

Trade associations claim trigger leads are dangerous to consumers.

The Justice Department and Consumer Financial Protection Bureau allege Colony Ridge used social media to exploit immigrants' homeownership dreams, leading to high foreclosure rates and economic hardship in Hispanic communities.

For at least four years, hundreds of Bank of America loan officers failed to ask mortgage applicants certain demographic questions.

After a prior $1.75 million penalty, the mortgage giant faces another lawsuit over breach of federal requirements and inaccurate data submissions.

Increased fees, soaring monthly payments, and growing approval disparities unsettle the housing market; CFPB eyes regulatory tweaks.

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

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

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

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

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