Biden's consumer watchdog is taking a big last-minute risk
Rohit Chopra has been going for broke. With the Biden administration winding down, the Consumer Financial Protection Bureau ...
National Mortgage News5d
PHH Mortgage settles FHA fee allegations for $3.5 million
The Department of Housing and Urban Development did not assign any fault or liability in conjunction with the "historic" ...
CNBC10d
Credit card late fees cost Americans billions a year — now they're capped at $8
debt collectors and other financial institutions. In a statement, the CFPB said many issuers raised their penalties each year like clockwork "without evidence of increased costs." Late fees ...
Forbes1y
What If Your Bank Reopens A Closed ‘Zombie’ Deposit Account? They May Be Collecting Junk Fees — And Breaking The Law
This has been a problem for decades: Banks charge “junk” fees on low-balance accounts. Bank customers, of course, get fleeced while banks collect billions for doing nothing. Some banks will ...