Enforcement Actions - Consumer Financial Protection Bureau
2024年12月23日 · The Bureau may enforce the law by filing an action in federal district court or by initiating an administrative adjudication proceeding. Administrative proceedings are conducted by an Administrative Law Judge, who holds hearings and issues a recommended decision.
Federal Regulators Fine Bank of America $225 Million Over …
2022年7月14日 · The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) have fined Bank of America $225 million for botching the disbursement of state unemployment benefits at the height of the pandemic.
§ 1002.16 Enforcement, penalties and liabilities.
§ 1002.16 is part of 12 CFR Part 1002 (Regulation B). Regulation B protects applicants from discrimination in any aspect of a credit transaction.
Seven examples of unfair practices and other violations by …
2021年12月9日 · Examiners found that mortgage servicers violated Regulation X because the servicers didn’t evaluate the borrowers’ complete loss mitigation applications and provide a written notice stating the servicers’ determination of available options within 30 days of receiving borrowers’ applications.
CFPB Report Highlights Supervisory Findings of Wide-Ranging …
2021年12月8日 · The Consumer Financial Protection Bureau (CFPB) today issued a Supervisory Highlights report, which shines a light on legal violations identified by the CFPB’s examinations in the first half of 2021. The report also highlights prior CFPB supervisory findings that led to public enforcement actions in the first half of 2021.
Enforcement by the Numbers - Consumer Financial Protection …
When we take an enforcement action against an entity or individual, we found or allege has violated the law, we will post filings and other related materials here. To increase transparency of the Bureau’s public enforcement actions, we have also posted summary data on all our public enforcement actions.
CFPB Takes Action Against Bank of America for Illegally Charging …
2023年7月11日 · In May 2022, the CFPB ordered Bank of America to pay a $10 million civil penalty over unlawful garnishments and, later in 2022, the CFPB and OCC fined Bank of America $225 million and required it to pay hundreds of millions of dollars in redress to consumers for botched disbursement of state unemployment benefits at the height of the COVID-19 ...
The CFPB’s enforcement work in 2023 and what lies ahead
2024年1月29日 · Taking Action Against Citibank for Intentional, Illegal Discrimination Against Armenian Americans: In November, the CFPB ordered Citi to pay $25.9 million in fines and consumer redress for intentionally and illegally discriminating against credit card applicants the bank identified as Armenian American. From 2015 through 2021, Citi singled out ...
Enforcement - Consumer Financial Protection Bureau
2024年11月21日 · Read about rights of small businesses to fair regulatory enforcement and non-retaliation
Bank of America, N.A. | Consumer Financial Protection Bureau
2022年7月14日 · Federal Regulators Fine Bank of America $225 Million Over Botched Disbursement of State Unemployment Benefits at Height of Pandemic. CASE DOCKET. View case filings