News

Mortgage borrowers are in for a huge change
Your credit score tells lenders how likely you are to repay a large debt like a mortgage on time. Related: Bank of America ...
The company behind your credit score is plunging on the stock market after a White House announcement
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
American Banker3h
Judge blocks briefs supporting CFPB open banking rule
A district court judge this week has denied allowing four groups — the American Fintech Council, Financial Data and ...
ConsumerAffairs3h
Trump's 'big bill' slashes consumer watchdog CFPB's budget nearly in half
New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...
Consumer agency sidelines top fair lending official, sources say
The top official overseeing fair lending at the U.S. Consumer Financial Protection Bureau was placed on administrative leave, according to two people familiar with the matter, sidelining another ...
Federal News Network5d
Best practices to help oversight agencies prevent the release of confidential information
"These practices could be applicable to other agencies as they think about information security and the information that they ...
ConsumerAffairs6d
Consumer group condemns withdrawal of Navy Federal penalty
Consumer Federation of America slams CFPB’s reversal of a $95 million consent order against Navy Federal Credit Union for ...
American Banker6d
CFPB drops Navy Federal's $95 million overdraft settlement
Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to servicemembers who were illegally ...
CFPB drops $95M overdraft case against Navy Federal
The Consumer Financial Protection Bureau said Tuesday it has terminated its overdraft fee-related consent order against Navy Federal Credit Union and waived any alleged non-compliance. The CFPB, under ...