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Consumer Financial Protection Bureau Director Rohit Chopra said opposition to the bureau's recently finalized open banking rule should be viewed as banks and other large firms attempting to quash competition and stymie consumer data protection.
October 23
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The bank had asked for partial summary judgment on an Administrative Procedures Act claim in the case involving its right to some reverse-mortgage collateral.
October 22
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According to the litigation, a homeowner's Denver property was valued 25% less because of her race.
October 22
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The complaint focused on 41 employees which allegedly accounted for $260 million in annual production volume.
October 21
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The nation's highest court has no deadline to address the petition and can reject it without an explanation.
October 21
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Rohit Chopra, the director of the Consumer Financial Protection Bureau, said his tenure at the agency could be characterized as simply reading statutes rather than finding novel ways to enforce regulations.
October 16
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Updates to the Telephone Consumer Protection Act aimed at simplifying customers' ability to opt out of robocalls and robotexts will take effect on April 11, 2025.
October 16
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The Consumer Financial Protection Bureau and Department of Justice issued a consent order against Wisconsin-based nonbank mortgage originator Fairway Independent Mortgage over redlining allegations. Fairway is the country's fifth-largest mortgage originator by volume.
October 15
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The settlement pending a judge's approval would end the lawsuit over a hack last December.
October 15
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The lender has largely denied allegations Connecticut previously lodged that threatened its licensing, but the state has new concerns.
October 10
