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Three mortgage companies are facing regulatory action from the Consumer Financial Protection Bureau for misleading consumers with advertisements implying U.S. government approval of their products.
February 13 -
A lender has agreed to pay Pennsylvania consumers $8 million in restitution as part of a settlement to resolve claims it illegally provided loans.
February 13 -
The city of Eugene, Oregon has hired collection law firm Linebarger Goggan Blair & Sampson, based in Austin, Texas, to help collect past due parking fines.
February 13 -
H&R Block in Kansas City, Mo., and BofI Holding in San Diego have pushed back the closing date for transferring ownership of H&R Block Bank.
February 13 -
Gary Patton Hall Jr. hid underperforming and at-risk loans from the Federal Deposit Insurance Corp. and the bank's loan committee, the Federal Bureau of Investigation said in its indictment Thursday.
February 13 -
Banks nationwide are finding ways to make mobile deposit capture available to more people and faster without taking on more fraud risk.
February 12
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The jobs eliminated were reportedly in Bank of America's Legacy Asset Servicing business, which provides services to customers at risk of foreclosure.
February 12 -
Sen. Elizabeth Warren said community banks have continued to be profitable despite new rules under the Dodd-Frank Act while raising fresh warnings about unnecessary changes to the financial reform law in the guise of regulatory relief.
February 12 -
WASHINGTON The Consumer Financial Protection Bureau took action Thursday against three mortgage companies that, authorities say, falsely implied affiliation with the U.S. government.
February 12 -
Calls for U.S. regulators to reform money-transmittal rules are growing after a California bank cut off remittances to Somalia.
February 12
