The Consumer Financial Protection Bureau (CFPB) has announced a $12 million settlement that resolves an enforcement suit brought 10 years ago against a foreclosure relief operation that the agency identified as a scam. In May 2014, the CFPB filed a complaint against...
The Consumer Financial Protection Bureau (CFPB) issued guidance to consumer reporting companies to address inaccuracies in background check reports and problems in credit file sharing practices. According to the agency, the advisory opinion on background check reports...
The Consumer Financial Protection Bureau (CFPB) has announced it is ordering Bank of America (NYSE:BAC) to pay a $12 million penalty for running afoul of the Home Mortgage Disclosure Act (HMDA) by submitting false mortgage lending information to the federal...
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Freedom Mortgage Corp. that alleged its mortgage loan data that was “riddled with errors” and put the Boca Raton, Florida-based company in violation of both the Home Mortgage Disclosure Act (HMDA)...
Closing costs and monthly mortgage payments spiked last year while Black and Hispanic buyers faced higher levels of denial on home loans, according to the new report “Data Point: 2022 Mortgage Market Activity and Trends,” published by the Consumer Financial Protection...
xAI-Linked Company Reportedly Targets 418 Mississippi Homes Amid Noise Laws…
