Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...

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 ...

officials should cut their losses and abolish the CFPB. Let's return to a system based on clear disclosure requirements, competitive markets, and the enforcement of fraud laws. Consumers should be ...

In recent discussions about housing affordability, closing costs have taken a back seat to pricier expenses, but they have ...

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 ...

In July, the CFPB proposed an interpretive rule on paycheck advances, requiring disclosure of costs and fees. The $22 billion-dollar earned wage access industry has vigorously fought any federal ...

The CFPB is calling on state governments to increase their focus on consumer financial protection laws.

Transparency issues, including online disclosures, rewards products, and grace periods, are also major worries. The CFPB has not been shy about its feelings about credit card companies.

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.

Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with three of its owner banks, Bank of America, JP Morgan Chase and Wells Fargo.

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 ...