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Tag Archives: watchdog

Consumer watchdog weighs limits to mortgage fees

WASHINGTON — The government’s consumer-finance watchdog is weighing an overhaul of the fees consumers pay to obtain mortgages. The Consumer Financial Protection Bureau said Wednesday that it might ban origination fees that vary with the size of the loan, known ...

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GSA watchdog says employees are reporting abuse

WASHINGTON — The General Services Administration’s internal watchdog said Wednesday that employees are heeding his call to report wrongdoing, and messages on his hotline have triggered new investigations beyond an $823,000 Las Vegas conference and junkets to resorts. “I don’t ...

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Consumer agency softens credit card fee limit

WASHINGTON — The Obama administration’s consumer financial watchdog agency is backing off a plan to limit big upfront fees on credit cards. The Consumer Financial Protection Bureau acknowledged Thursday that its proposal would increase costs for cardholders and allow banks ...

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Nascent CFPB’s future, structure and authority come under early attack

A new federal agency tasked with regulating the nation’s consumer financial industry — including everything from debt collection practices to mandatory arbitration clauses in consumer contracts — launched last week. And its future couldn’t be more unclear. The Consumer Financial ...

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Italian case against Google closed

MILAN — Google Italy was released Monday from an antitrust investigation in Italy after the company made a pair of commitments to address competitive concerns. Italy’s antitrust watchdog announced it found no infractions as it closed the case brought in ...

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