1. On Wednesday October 8, 2014, the Consumer Finance Protection Bureau (CFPB) announced its interest in exploring the manner in which consumers applying to open checking accounts are approved and, more critically, refused a checking account based on information in reports of consumer reporting agencies that focus on transaction accounts. These reports, and the related.
1. On September 30, 2014, the Consumer Financial Protection Bureau (CFPB) ordered Michigan insurance agency Lighthouse Title to pay $200,000 for illegal real estate settlement referral agreements sending a clear and simple message that quid-pro-quo agreements for real estate referrals are illegal. One of CFPB’s missions is to ensure that the mortgage market is a.