TD Bank To Hit With $3 Billion Penalty Over U.S. Money Laundering Failures
October 10, 2024 11:10 pm Leave your thoughtsIn a shocking turn of events, TD Bank, a major Canadian bank, is expected to pay a staggering $3 billion... View Article
Author Archives for steve
CFPB Takes Action Against Arbitration Platform Ejudicate For Deceiving Student Borrowers
October 10, 2024 10:38 pm Leave your thoughtsWASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) bannedprivate dispute resolution platform Ejudicate from arbitrating disputes about consumer... View Article
California Enacts New Mortgage Foreclosure Procedures
October 10, 2024 7:37 pm Leave your thoughtsOn September 20, the Governor of California signed AB 2424 (the “Act”), which enacts new mortgage foreclosure procedures. The Act... View Article
Blue Owl to Buy $2 Billion Of Fintech Upstart’s Consumer Loans
October 10, 2024 7:22 pm Leave your thoughtsBlue Owl Capital Inc. has agreed to buy up to $2 billion of consumer installment loans from financial technology lender... View Article
Justice Department, FTC and CFPB Warn Consumers About Scams and Price Gouging in the Wake of Hurricanes and Disasters
October 10, 2024 7:19 pm Leave your thoughtsAs the nation braces for another major hurricane, the Justice Department, along with the Federal Trade Commission (FTC) and the... View Article
Justice Department reaches agreement with Citadel federal credit union to resolve first-ever redlining action against credit union
October 10, 2024 7:00 pm Leave your thoughtsPending Court Approval, Citadel Will Pay over $6.5 Million to Increase Credit Opportunities and Open Three Branches in Predominantly Black... View Article
Consumer car finance fell by 2% in August 2024
October 10, 2024 6:36 pm Leave your thoughtsNew figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in... View Article
FTC Chair Lina Khan Isn’t Surprised “Monopolists” Are Mad
October 10, 2024 5:56 pm Leave your thoughtsLina Khan, chair of the Federal Trade CommissionPhotographer: Schaun Champion for Bloomberg Businessweek Note to readers: Starting Monday, The Big... View Article
California pledged $500 million to help tenants preserve affordable housing
October 10, 2024 5:28 pm Leave your thoughtsStay up-to-date with free briefings on topics that matter to all Californians. Subscribe to CalMatters today for nonprofit news in... View Article
FTC Sends More Than $449,000 to Consumers Harmed by ‘Extended Vehicle Warranty’ Scam
October 10, 2024 4:10 pm Leave your thoughtsThe Federal Trade Commission is sending more than $449,000 in refunds to consumers who were harmed by American Vehicle Protection... View Article
