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Stinson LLP | USA | 18 Mar 2017

Justice Department Tells Court CFPB is Unconstitutional

The Department of Justice has filed an amicus brief in the case of PHH Corp. v. Consumer Financial Protection Bureau pending before the United States


Stinson LLP | USA | 30 Nov 2016

CFPB Outlines Expectations on Incentive Compensation

The CFPB issued a bulletin warning supervised financial companies that creating incentives for employees and service providers to meet sales and other


Stinson LLP | USA | 8 Sep 2015

Can you be regulated by the CFPB?

The Consumer Financial Protection Bureau, or CFPB, was created to enforce various consumer finance laws like the Equal Credit Opportunity Act, Fair


Stinson LLP | USA | 26 Jun 2015

CFPB publishes over 7,700 consumer complaint narratives about financial companies

The CFPB has gone live with an enhanced customer complaint data base. It now includes over 7,700 consumer descriptions of alleged problems they are


Stinson LLP | USA | 10 Jun 2015

CFPB finalizes rules to regulate nonbank auto lenders

The CFPB adopted a final that allows the agency to supervise larger nonbank auto finance companies for the first time. The CFPB also released the


Stinson LLP | USA | 4 Jun 2015

CFPB orders mortgage originator to pay $19 million for steering violations CEO to pay $1 million

The CFPB filed a complaint in federal district court against RPM Mortgage, Inc. and its CEO, Erwin Robert Hirt, for illegally paying bonuses and


Stinson LLP | USA | 19 May 2015

CFPB takes action against PayPal for allegedly signing up consumers for unwanted online credit

The CFPB filed a complaint and proposed consent order in federal court against PayPal, Inc. The CFPB alleges PayPal illegally signed up consumers for


Stinson LLP | USA | 19 Mar 2015

CFPB to allow consumers to voice public complaints about financial companies

The CFPB is finalizing a policy to allow consumers to voice publicly their complaints about consumer financial products and services. When consumers


Stinson LLP | USA | 17 Mar 2015

CFPB investigating credit card market

The CFPB announced it is seeking public comment on how the credit card market is functioning and the impact of credit card protections on consumers


Stinson LLP | USA | 14 Dec 2014

CFPB addresses medical debt

The CFPB released a report that found medical debt has a significant impact on consumer credit, as 43 million Americans have overdue medical debt on

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