A top U.S. consumer watchdog is considering whether to bar mortgage bankers from charging home buyers for title insurance that protects the lenders, ending a long-standing industry practice.
Tag: CFPB
CFPB Says Staffer Sent 250,000 Consumers’ Data to Personal Account
A Consumer Financial Protection Bureau employee forwarded to a personal email account confidential information on thousands of consumers and dozens of financial firms.
Fifth Third Bank Accused of Opening Fake Accounts
Last week, Fifth Third Bank that it was facing a Consumer Financial Protection Bureau enforcement action over “alleged unauthorized account openings.” And Monday, the other shoe dropped when the CFPB said it is suing Cincinnati-based Fifth Third alleging the bank’s employees opening accounts in customers’ names without their consent in order to meet sales goals… Continue reading Fifth Third Bank Accused of Opening Fake Accounts