News

1 min read

CFPB Assesses Lender Pandemic Responses

February 16, 2021 Cucolle1

In their special Winter 2021 Supervisory Highlights, the CFPB found that financial institutions struggled...

1 min read

FHFA Extends Foreclosure and REO Eviction Moratoriums and COVID Forbearance Period

February 10, 2021 Cucolle1

Borrowers can now be in COVID forbearance for up to 15 months FOR IMMEDIATE...

1 min read

At Biden’s Request, Kraninger Resigns as Director of the CFPB

January 21, 2021 Cucolle1

Paves the way for Rohit Chopra Washington DC – 20 January 2021 – Moments...

1 min read

California’s New DFPI Launches Investigations into the Collection Industry

January 20, 2021 Cucolle1

Subpoenas 12 Companies Sacramento, CA – 19 January 2021 – The California Department of...

1 min read

Under Biden, Will the CFPB Return with a Vengeance?

January 12, 2021 Cucolle1

EDITORIAL Elections have consequences, and after the flipping of the Georgia Senate seats to...

1 min read

NAFCU Guidance on Mortgage Loan Modification After Forbearance

January 4, 2021 Cucolle1

The other day, we blogged about mortgage loan forbearance and the requirements under the Coronavirus Aid, Relief,...

1 min read

Sen. Warren and Rep. Nadler Introduce the New Chapter “X” Bankruptcy Bill

December 15, 2020 Cucolle1

The Consumer Bankruptcy Reform Act of 2020 (CBRA) Coming out ahead of what many...

2 min read

ID Theft Fraud Trio Arrested on Conspiracy to Commit Bank Fraud Charges

December 15, 2020 Cucolle1

FOR IMMEDIATE RELEASE BIRMINGHAM, Ala. – Friday, December 11, 2020 – On Wednesday, December...

1 min read

FHFA Extends Foreclosure and Eviction Moratorium

December 3, 2020 Cucolle1

Foreclosure moratorium applies to Enterprise-backed mortgages; eviction moratorium applies to Enterprise-owned properties To help...

2 min read

Fake Pay Stub Company Offers Instruction on How to Spot a Fake Pay Stub

November 15, 2020 Cucolle1

“they present accurate information and numbers (as long as the information you provided is...

1 min read

NAFCU Details Impact of Debt Collection Rule on CUs

November 13, 2020 Cucolle1

NAFCU Monday sent members a Final Regulation summary outlining what credit unions need to know about the...

1 min read

CFPB Issues Final Rule to Implement the Fair Debt Collection Practices Act

November 1, 2020 Cucolle1

The rule focuses on debt collection communications and gives consumers more control over how...

1 min read

Ukranian Subleasing Auto Loan Racketeer Arrested and Extradited

October 5, 2020 Cucolle1

To build up an inventory of cars, Chulpayev and his associates allegedly recruited straw...

2 min read

Dealership Executives Charged with Loan Fraud

September 22, 2020 Cucolle1

OKLAHOMA CITY – A federal indictment charges BOBBY CHRIS MAYES, 48, CHARLES GOOCH, 61,...

6 min read

Nine Charged with $1.3M in Auto and Watercraft Loan Fraud Using Stolen Digital Licenses

September 14, 2020 Cucolle1

Jersey City, NJ – 10 September 2020 – Attorney General Gurbir S. Grewal today...

1 min read

California Legislature Approves its Own State Level CFPB

September 2, 2020 Cucolle1

Sacramento, CA 1 September 2020 – In the aftermath of two failed consumer protection...