N.Y. Auto Fraud Case Will Prompt Stiffer State Scrutiny, Lawyers Say
Auto lenders should expect increased scrutiny and legal action from state regulators and law enforcement in the coming months, legal experts ...
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Confirmation of Director Cordray Could Substantially Increase CFPB Enforcement Activity
The announcement of the Senate’s compromise over the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau ...
CFPB Official Outlines Nonbank Exam Process
While the Consumer Financial Protection Bureau has yet to examine financial institutions with less than $10 billion of assets, debt-collection ...
CFPB Forms New Office, Hires Two for Key Roles
The Consumer Financial Protection Bureau has announced the creation of the Office of Financial Institutions and Business Liaison, and Director Richard ...
CFPB: 1,585 Auto-Finance Complaints Registered Since March 2012
Since last March, consumers have registered 1,585 auto finance-related complaints with the Consumer Financial Protection Bureau, according to information the ...
Banking Committee Approves Cordray’s CFPB Nomination
Richard Cordray’s nomination to head the Consumer Financial Protection Bureau was approved today by the U.S. Senate Banking Committee. The ...
Ally Financial Only Bank to Fail Fed’s Stress Test
The Federal Reserve’s latest stress test found that most of the 18 biggest banks in the U.S. could withstand a ...
CFPB May Sue Banks Over Auto Loans and Markups, Sources Say
At least four banks have been told by the Consumer Financial Protection Bureau that they may be sued over seemingly ...
