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U.S. Consumer Financial Protection Bureau

A collection of news and information related to U.S. Consumer Financial Protection Bureau published by this site and its partners.

Top U.S. Consumer Financial Protection Bureau Articles

Displaying items 12-22
  • National Penn reports rising earnings

    National Penn reports rising earnings
    Adjusted to reflect its October acquisition of Newtown, Bucks County-based TF Financial, National Penn Bancshares on Thursday reported increased fourth quarter and annual earnings in 2014. The Allentown-based regional bank is quickly approaching $10...
  • Wells Fargo, JPMorgan Chase ordered to pay $35.7 million in Md. mortgage kickback scheme

    Wells Fargo, JPMorgan Chase ordered to pay $35.7 million in Md. mortgage kickback scheme
    Wells Fargo and JPMorgan Chase would pay $35.7 million for participating in a mortgage kickback scheme with a now-defunct Owings Mills-based title company under a federal consent order filed Thursday, the Consumer Financial Protection Bureau and...
  • The Mortgage Professor: Does the new CFPB rate tool help consumers shop for a mortgage?

    The Consumer Financial Protection Bureau deplores the fact that almost half of the home buyers it recently surveyed did not shop for a mortgage but dealt with a single loan provider. To encourage shopping, the agency has developed a "Check Interest Rate"...
  • Corinthian Colleges to be delisted from Nasdaq next week

    Corinthian Colleges Inc., the troubled Santa Ana for-profit college operator, is likely to be delisted from the Nasdaq stock exchange by next week, according to company disclosures. Corinthian, which has been on a downward spiral since the federal...
  • When debt collectors cross the line

    Never underestimate the tenacity of debt collectors to get their man -- even if it's the wrong one. I know firsthand what that experience feels like. Several times in this column I've written about my case of mistaken identity. Years ago, my home...
  • Liberal activists hoping for liberal female president, but it's not who you think

    Liberal activists hoping for liberal female president, but it's not who you think
    South Florida Democrats are ready for – and say the country needs – a strong, liberal, female president. But it's not the woman you think. While Hillary Clinton is the overwhelming favorite of Florida Democrats for their party's 2016...
  • The Mortgage Professor: Why do some borrowers pay higher mortgage interest rates than others?

    The Consumer Financial Protection Bureau recently unveiled an Internet-based tool designed to help consumers shop effectively for the lowest possible mortgage interest rate. For this tool to work, it must help mortgage shoppers distinguish between rate...
  • All 3 owners must sign off on property sale

    All 3 owners must sign off on property sale
    Q: My wife and I own 51 percent of a house in Arizona, and my estranged brother-in-law owns 49 percent. The loan is 100 percent in my name. We bought the house in 2005 and lived there for two years before moving back to Illinois. The house had fallen in...
  • Corinthian Colleges students lured by job prospects get loan break

    Corinthian Colleges students lured by job prospects get loan break
    A federal regulator says Corinthian College students will be forgiven a total of $480 million in loans because the for-profit school used "bogus" job prospects to persuade them to pay tuition with expensive private loans. The Consumer Financial...
  • Corinthian students to get 40% cut in private loan debt

    Corinthian students to get 40% cut in private loan debt
    For years, government investigators have zeroed in on Corinthian Colleges Inc., a Santa Ana for-profit college operator accused of roping students into unmanageable debt by promising bright careers after graduation. As part of a deal Tuesday that...
  • Corinthian students to get $480 million relief from 'predatory' loans

    Corinthian students to get $480 million relief from 'predatory' loans
    Students who took out private loans while attending schools owned by the for-profit Corinthian Colleges Inc. will be eligible for 40% reductions in their loan balances. The U.S. Consumer Financial Protection Bureau announced the private student loan...