Chester County News and Community Website
WASHINGTON, D.C. — In a recent report, the Consumer Financial Protection Bureau (CFPB) has cast a spotlight on the deficiencies in federal and state-level privacy protections concerning consumers’ financial data. The …
Data Dilemma: CFPB Exposes Flaws in Financial Privacy Protections, Urging Stronger Safeguards Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a significant enforcement action against Navy Federal Credit Union, the largest credit union in the United States, for imposing unlawful …
CFPB Imposes Record Penalty on Navy Federal Credit Union for Illegal Overdraft Fees Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a proposed order to resolve its case against Townstone Financial. The order, pending court approval, seeks to address allegations …
CFPB Moves to Resolve Case Against Townstone Financial on Redlining Allegations Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against VyStar Credit Union following its flawed deployment of a new online banking platform that adversely affected its …
CFPB Takes Action Against VyStar Credit Union Over Online Banking Failure Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) and the Centers for Medicare & Medicaid Services (CMS) have issued a joint statement to address unlawful medical billing practices. This …
Joint Statement by CFPB and CMS: Strengthening Protections for Low-Income Medicare Beneficiaries Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has issued new guidance emphasizing the rights of employees under the Fair Credit Reporting Act (FCRA). This guidance clarifies that companies …
CFPB Issues New Guidance to Safeguard Worker Data in Employment Practices Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken action against Apple Inc. and Goldman Sachs for significant missteps in their management of the Apple Card, affecting hundreds …
CFPB Levies Significant Penalties Against Apple and Goldman Sachs Over Apple Card Mismanagement Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a transformative rule designed to significantly enhance consumer rights regarding personal financial data. This landmark regulation mandates that financial …
CFPB Implements Groundbreaking Rule to Enhance Consumer Control Over Financial Data Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Climb Credit, Inc., a student loan provider, and its principal shareholder, 1/0 Holdco LLC. The suit …
CFPB Sues Climb Credit for Misleading Students and Concealing Loan Costs Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) and the Justice Department (DOJ) have taken significant action against Fairway Independent Mortgage Corporation, accusing the company of redlining in majority-Black …
Federal Agencies Hold Fairway Mortgage Accountable for Discriminatory Lending Practices Read More