Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
JD Supra2y
CFPB Releases Guidance on Construction Loan Disclosures
If the creditor chooses to disclose as separate transactions, the CFPB requires the construction phase to have its own Loan Estimate and Closing Disclosure, and the permanent phase to have a ...
National Mortgage News9d
The outlook for home closing cost rules in 2025
In recent discussions about housing affordability, closing costs have taken a back seat to pricier expenses, but they have ...
National Mortgage News7d
Closing-cost shopping: when to do it and why it's limited
it's important to look at the process involved in shopping for closing costs, the limits to lowering them and whether do so ...
Hosted on MSN11mon
CFPB caps credit card late fees under new Biden admin rule. How low will they go?
The rule stems from the Credit Card Accountability, Responsibility and Disclosure (CARD ... respectively. The CFPB is now closing the loophole and eliminating future inflation adjustments for ...
JD Supra10d
CFPB calls on states to be more aggressive in enforcing consumer financial protection laws
The CFPB is calling on state governments to increase their focus on consumer financial protection laws.
WDAF-TV16d
Capital One sued by US watchdog, accused of cheating customers out of $2 billion
Despite promoting 360 Savings as an account that provides one of nation’s highest interest rates, the CFPB alleges that ... According to disclosures on Capital One’s website, 360 Savings ...
Kiplinger9y
Solutions to 7 Common Mortgage Problems
If you have a complaint, the CFPB can help. Meanwhile ... They must issue the final closing disclosure at least three days before your closing date, instead of just one day.