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Home » Topics » News » Inside the CFPB

Inside the CFPB
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CFPB Sues Auto Servicer for Illegal Repossessions

August 7, 2023
Sam Manas
The CFPB has accused USASF Servicing of illegally disabling consumers’ vehicles, failure to refund premiums, double-billing and incorrect repossessions.
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Other News in Brief

August 7, 2023
Sam Manas
CFPB won’t appeal Ocwen judgment; former CFPB senior counsel launches law firm; new appraisal standards will be available in print as well as digital format.
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Mortgage-Related Complaints Drop Across the Board in 2Q

July 24, 2023
Sam Manas
Consumer complaints to the CFPB related to mortgages were down sharply from the early months of the year, with huge drops in every category, according to a new Inside the CFPB analysis.
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Friend-of-the-Court Briefs Argue Against CFPB

July 24, 2023
Sam Manas
Most of the recent amicus briefs filed in a case challenging the CFPB’s funding structure urged SCOTUS to affirm a Fifth Circuit ruling on the matter.
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Lawyers Grapple With HUD’s Disparate Impact Rule

July 24, 2023
Monica Hogan
Industry participants spoke last week on effective implementation of the Department of Housing and Urban Development’s discriminatory effects rule during a conference of the National Fair Housing Alliance.
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CFPB Fines BofA Over Fake Credit Card Accounts, NSF Fees

July 24, 2023
Sam Manas
The consent orders related to Bank of America’s practice of charging repeat nonsufficient funds fees, denying rewards to credit card consumers and opening unauthorized credit card accounts.
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Attorneys Warn Real Estate Agents of CFPA Prohibitions

July 24, 2023
Sam Manas
Recent CFPB guidance on the prohibition of abusive practices could pose risks to real estate agents engaging in joint ventures with lenders and title companies, according to attorneys at McGuire Woods.
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Furnisher Not on the Hook for Credit Report Interpretation

July 24, 2023
Sam Manas
The Seventh Circuit held that lenders are not liable for how credit reporting agencies interpret information provided on an automated credit dispute verification form.
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CFPB, Europe Regulator to Discuss Risk of Digitization

July 24, 2023
Sam Manas
The dialogue will cover automated decision making and data processing in financial services, including the development of artificial intelligence.
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CFPB Clarifies Stance on ECOA, TILA Coverage

July 24, 2023
Sam Manas
In recent amicus briefs, the bureau argued that statutes of limitations are subject to equitable tolling and a loan’s exposure to the Truth in Lending Act is not based solely on contractual language.
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