The bureau called discussions with Bilt Technologies a “collaborative process” that has secured redress for consumers harmed by the fintech’s transition to a new bank partnership.
Adam Rust, director of financial services at the Consumer Federation of America, asked consumer advocates to continue fighting for fairness in the financial services industry.
The real estate brokerage agreed to pay $2.25 million and change its marketing to settle a lawsuit brought by the Massachusetts attorney general’s office.