Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: Consumer Financial Protection Bureau

4th Circuit rules for Md. borrower in credit-reporting case

A mortgage lender must stop sending overdue-payment information to credit agencies once the debtor notifies the lender in writing why he or she believes the reported debt is not overdue, a federal appeals court ruled Tuesday in a case brought ...

Read More »

Wells Fargo to pay $1B for mortgage, auto lending abuses

Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in years-long, wide-ranging scandal at the banking giant. However, it appears that none of the $1 billion will go directly to the victims of Wells Fargo's abuses.

Read More »

Democratic state AGs, including Frosh, move to defend consumer watchdog

WASHINGTON — Attorneys general from 16 states and the District of Columbia are seeking to defend a U.S. consumer watchdog agency in court amid speculation that President Donald Trump may fire its director, Richard Cordray. The attorneys general, all Democrats, ...

Read More »

Banks, consumer groups lock horns over arbitration

Consumer rights advocates, joined by Maryland’s attorney general, and the banking industry are going toe to toe over a federal proposal to block banks from using mandatory arbitration to resolve disputes with their customers. The 90-day comment period on a ...

Read More »