Newsroom - Consumer Financial Protection Bureau
2 days ago · Today, the Consumer Financial Protection Bureau (CFPB) published a report about financial outcomes for cash-out refinance mortgage borrowers. The CFPB published a report showing that the rate of auto repossessions at the end of 2022 surpassed pre-pandemic levels.
CFPB Sues Experian for Sham Investigations of Credit Report Errors
Jan 7, 2025 · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued Experian, the nationwide consumer reporting agency, for unlawfully failing to properly investigate consumer disputes. The CFPB alleges that Experian does not take sufficient steps to intake, process, investigate, and notify consumers about consumer disputes, resulting in the inclusion of incorrect information on ...
CFPB Orders Operator of Cash App to Pay $175 Million and Fix Its ...
Jan 16, 2025 · The CFPB ordered Block, the operator of the peer-to-peer payments app Cash App, to refund consumers $120 million and pay a penalty of $55 million.
More than 4 million people to share $1.8 billion in refunds, the CFPB ...
Dec 5, 2024 · More than 4 million Americans gouged by credit repair companies including Lexington Law and CreditRepair.com will soon collectively receive $1.8 billion in refund …
Wells Fargo's regulatory burden eases further as CFPB terminates …
2 days ago · The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having ...
Consumer Financial Protection Bureau poised for the fight of its …
Oct 2, 2023 · Democrats who created the Consumer Financial Protection Bureau a decade ago thought they could shield the agency from political pressure by funding it through the Federal Reserve instead of...
Supreme Court upholds CFPB funding, saving agency
May 16, 2024 · The Consumer Financial Protection Bureau’s funding stream, which bypasses the congressional appropriations process, is constitutional, the Supreme Court ruled Thursday, saving the...
CFPB Sues Capital One for Cheating Consumers Out of More Than …
Jan 14, 2025 · The CFPB alleges that Capital One promised consumers that its flagship “360 Savings” account provided one of the nation’s “best” and “highest” interest rates, but the bank froze the interest rate at a low level while rates rose nationwide.
Trump could dismantle newly built guardrails around your ... - NBC News
Dec 2, 2024 · Consumer advocates say they’re bracing for a sharp reversal at the Consumer Financial Protection Bureau after four of the most aggressive years in the agency’s brief history.
Vindicated by Supreme Court, CFPB director says bureau will add …
May 17, 2024 · NEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits and political and legal challenges to the idea of whether the Federal Government’s aggressive consumer financial watchdog agency should be allowed exist at all.
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