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Fair Credit Reporting Act
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Fifth Third Bank hit with order to pay $20m for opening fake accounts
CFPB charged bank over range of illegal activities centering on motor vehicle loans.
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Credit reporting conglomerate to pay $23m for tenant screening and security freeze failures
CFPB and FTC act against TransUnion over background checks failure.
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CFPB’s future on the line following oral arguments at US Supreme Court
US Supreme Court justices heard the payday lending industry’s challenge to the CFPB’s funding structure in a case that has broad ramifications.
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CFPB launches rulemaking aimed at digital data brokers
The CFPB has launched an inquiry into those companies that track and collect information on people’s personal lives.
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BofA fined $150m for consumer abuses, including phone accounts, bogus fees
Bank of America, the second-largest US bank by assets, engaged in deceptive practices that hurt hundreds of thousands of its customers, regulators allege.