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Consumers Share Views About CFPB Oversight, Structure
A recent poll shows that since the Consumer Financial Protection Bureau was established in 2011, consumers don’t feel it has improved their lives but some believe the regulator should have more oversight.  more »
Banks are seeing steady growth in consumer loan demand nationwide, particularly in auto loans and mortgages, according to a report released Wednesday by the Federal Reserve Board. more »
The FTC's debt collection dialogue event set for Dallas later this month has been moved to a larger venue to accommodate demand. The goal of the series is to share information promoting fair collection practices. more »
A Texas law that takes effect Tuesday is designed to help patients negotiate lower bills from hospital-based doctors who aren't in their health insurer's provider network. more »
A Mississippi businessman, indicted in connection with bribes paid in exchange for prison contracts, made $198,000 between 2012 and 2014 as a lobbyist for the state’s payday loan and check cashing industries. more »
The CFPB is considering suing Navient Corp., the largest student loan company in the U.S., for allegedly cheating borrowers. Navient officials disclosed Monday in a Securities and Exchange Commission filing. more »
A Jackson, Miss. city council member has floated a plan to have local police collect millions of dollars in overdue water bills. more »
The CFPB and the New York Department of Financial Services filed a lawsuit in federal court against two companies, Pension Funding LLC and Pension Income LLC, and three of the companies’ individual managers for allegedly deceiving consumers about the costs and risks of their pension advance loans. more »
Bank repossessions of distressed homes hit a 30-month high in July, as financial institutions continue to work through the backlog of bubble-era loans. more »
The mortgage delinquency rate - the rate of borrowers 60 days or more delinquent on their mortgages - continued its fast decline, falling to 2.72% in the second quarter ended June 30, according to TransUnion. more »
Minnesota lawmakers plan to introduce legislation next year to curb payday lending after a previous proposal failed that would have limited the number of loans consumers can take out to four. more »
Increases in credit card and auto loan balances were not enough to keep overall household debt balances from remaining flat since the first quarter, according to the Federal Reserve Bank of New York’s Household Debt and Credit Report. more »
Mortgage lender PHH Corp. on Friday received a stay of the CFPB's $109.2 million judgment for alleged violations of the Real Estate Settlement Procedures Act. more »

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