JD Supra20m
CFPB Proposes to Include Coerced Debt in the Definition of “Identity Theft”
What Happened? On December 9, the Consumer Financial Protection Bureau (“CFPB”) issued an advance notice of proposed rulemaking(“ANPR”), ...
JD Supra1h
CFPB Finalizes Rule Preventing Overdraft Fee Loophole for Large Banks
In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans ...
Here's what you can do to avoid holiday payment app pitfalls
New guidance from the Consumer Financial Protection Bureau said you should not store your money in payment apps. The reason, ...
American Banker2h
Four banks that will be in regulators' hot seat in 2025
WASHINGTON — The banking industry will face an evolving regulatory landscape in 2025, shaped by political shifts and ...
Crooks and Liars2h
If They Get Their Way, CFPB To Drop Bank Overdraft Fees To $5
The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...
MyChesCo on MSN4h
Homebuyers Deceived? CFPB Launches Major Lawsuit to End Shocking Real Estate Kickback Scheme!
The Consumer Financial Protection Bureau (CFPB) recently initiated legal action against Rocket Homes Real Estate, LLC, The ...
BBB: CFPB sues Rocket Homes to prevent alleged ‘kickback scheme’
Rocket Homes, The Mitchell Group and Jason Mitchell are being sued by the Consumer Financial Protection Bureau (CFPB).