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CFPB Issues Order To Terminate Upstart No-Action Letter
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CFPB Issues Order To Terminate Upstart No-Action Letter

Upstart requested termination of 2020 “no-action letter” to change its underwriting and pricing models JUN 08, 2022 Washington, ...
FTC Action Results In Ban And Return For Richmond Capital And Owner From Merchant Cash Advance And Debt Collection Industries And Returns More Than $2.7M To Consumers
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FTC Action Results In Ban And Return For Richmond Capital And Owner From Merchant Cash Advance And Debt Collection Industries And Returns More Than $2.7M To Consumers

The Federal Trade Commission’s lawsuit against RCG Advances, LLC and Robert Giardina has led to a court order ...
FTC Chair Lina M. Khan Testifies Before House Appropriations Subcommittee
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FTC Chair Lina M. Khan Testifies Before House Appropriations Subcommittee

In testimony before the House Subcommittee on Financial Services and General Government, Federal Trade Commission Chair Lina M. Khan ...
En Bank Fifth Circuit Rules CFPB Enforcement Action Can Proceed Against All American Check Cashing
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En Bank Fifth Circuit Rules CFPB Enforcement Action Can Proceed Against All American Check Cashing

By Michael Gordon on May 9, 2022 POSTED IN CFPB, REGULATORY AND ENFORCEMENT The en banc U.S. Court ...
Average Closing Costs for Purchase Mortgages Increased 13.4% in 2021
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Average Closing Costs for Purchase Mortgages Increased 13.4% in 2021

Closing costs kept pace with rapidly increasing home prices and purchase volumes The Eastern region of the U.S ...

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