December 5, 2019By Yemeng YangCFPB Eyes Changes to Consent Order TerminationThe powerful consumer regulator is working on a plan to identify ways to improve the consent order process. The idea: release so-called "reformed" players from the regulatory burden of CO prison.
December 5, 2019By Yemeng YangLender Accused of Accepting Kickbacks in Postage StampsRESPA kickback schemes can take many forms. One civil case pending in Maryland centers on postage stamps forwarded by a vendor to an originator.
November 21, 2019By Dennis HollierGoldman Settles GSE Bond-Rigging Case for $20MThe bank agreed to settle a lawsuit accusing it of rigging prices for GSE bonds, and using the wider spreads to inflate the bank’s profits.