Bureau Orders Missouri Lender to Pay $81,000 for Illegal Kickback Scheme Today the Bureau ordered a Missouri mortgage lender, Fidelity Mortgage Corporation...
Today, the Bureau and the Department of Justice (DOJ) filed a joint complaint against National City Bank for charging higher prices on mortgage loans to...
The Bureau today ordered American Express to refund an estimated $59.5 million to more than 335,000 consumers for illegal credit card practices. These...
Thank you all for joining us. Today we are announcing that the Consumer Bureau is taking its first enforcement action against discriminatory auto lending...
Today the Bureau, authorities in 49 states, and the District of Columbia are filing a proposed court order requiring the country's largest nonbank mortgage...
Today the Bureau took its first action against an online loan servicer, CashCall Inc., its owner, its subsidiary, and its affiliate, for collecting money...
Today the Bureau is filing its first online lending lawsuit. We believe that CashCall, WS Funding, and Delbert Services, along with J. Paul Reddam, who owns...
Today the Bureau is ordering GE Capital Retail Bank and its subsidiary, CareCredit, to refund up to $34.1 million to consumers who were victims of deceptive...
Cash America to Refund up to $14 Million for Robo-Signing and Illegally Overcharging Servicemembers The Bureau today took its first enforcement action...
Chairman Rockefeller, Ranking Member Thune, and distinguished Members of the Committee, I'd like to thank you for the opportunity to speak with you today...
Republic Mortgage Insurance Corporation to Pay $100,000 Fine and Halt Illegal Activity The Bureau today took action against Republic Mortgage Insurance...
Chairman Johnson, Ranking Member Crapo, and Members of the Committee, thank you for inviting me to testify today about the fourth Semi-Annual Report of the...
The Bureau today filed a lawsuit in federal district court against a Kentucky law firm, Borders & Borders, PLC, and its principals, for illegally paying...
Payment Processor to Pay $1.376 Million for Aiding Illegal Practices by Debt-Settlement Companies Today, the Bureau announced an enforcement action against...
I'd like to express my gratitude to the Comptroller of the Currency, Tom Curry, for his leadership on this issue. The Bureau was created, in part, to make...
The Bureau ordered Chase Bank USA, N.A. and JPMorgan Chase Bank, N.A. to refund an estimated $309 million to more than 2.1 million customers for illegal...
The company falsely claims that it does not charge consumers upfront fees for debt-relief services and falsely represents to consumers that they will become...
The CFPB alleges that the company violated the rule with its quarterly bonus program, which paid more than 150 Castle & Cooke loan officers greater bonus...
We have determined that these two companies developed a joint program that engaged in deceptive marketing and lending practices while providing subprime...
The two companies must return about $6.5 million to servicemembers for failing to properly disclose all the fees charged to participants in the companies'...
The Bureau plans to submit a proposed consent order that, if approved by the court, would halt the company's operation, prevent the company and owner from...