In this article, we share a timeline of our monthly "bites" for 2024 applicable to the mortgage industry. There was also a flurry of ...

Bessent, a wealthy hedge fund manager, was already expected to be a business-friendly choice to lead the Treasury. Now he will lead the CFPB, the federal consumer watchdog, at least for a time. "I ...

The missive appeared to herald a stark shift to come at the CFPB, which Congress formed in the wake of the 2008 banking crisis to protect consumers from unfair, deceptive or predatory financial ...

In an email, Bessent instructed the CFPB staff to stop working on enforcement actions and to suspend the effective dates for rules not yet in effect. That follows the ouster of Biden appointee ...

Treasury Secretary Scott Bessent is now the acting head of the U.S. Consumer Financial Protection Bureau, according to a person familiar with the matter, signaling a potential shift away from the ...

The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions ...

The Consumer Financial Protection Bureau (CFPB) has revealed concerning data on the auto lending market, particularly as it pertains to US servicemembers. A report published by the agency ...

In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...

Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022, the ...

“Wells Fargo is a repeat offender that continues to have serious issues,” the CFPB said in a statement to The Charlotte Observer. “While the duration of an individual CFPB order ...

Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts, and mortgage ...

Adam Minsky is an attorney and writer focusing on student loans. UNITED STATES - JUNE 14: Rohit Chopra, director of the CFPB, testifies during the House Financial ... [+] Services Committee ...