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Last week, the CFPB announced an enforcement action against RMK Financial Corporation d/b/a Majestic Home Loans related to deceptive mortgage advertising practices.

On Thursday, the CFPB and the Department of Justice filed a joint complaint against the second-largest private mortgage company in the United States alleging it engaged in discriminatory lending practices from 2006 to at least 2011.

On Wednesday, the Consumer Financial Protection Bureau (CFPB) issued a report regarding the use of mobile financial services (MFS) by underserved populations.

The complaint alleges that the defendants, in violation of the Dodd-Frank Act, deceived consumers, and notably veterans, concerning the costs and risks associated with the pension advances.

The guidance is intended for financial institutions that originate private student loans that provide graduated repayment terms at origination.

The proposed rule seeks to prohibit covered financial institutions from establishing, maintaining, administering, or managing in the U.S. any correspondent account for or on behalf of BPA.

Investment advisors may soon face increased costs and scrutiny thanks to a proposed rule issued by the Financial Crimes Enforcement Network (FinCEN).

On Sept. 17, 2015, Commissioner Sharon Y. Bowen of the U.S. Commodity Futures Trading Commission (CFTC) gave the keynote address for the International Swaps and Derivatives Association's 2015 North American Conference in New York.

Section 1028 of the Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes the Consumer Financial Protection Bureau (CFPB) to limit or even prohibit the use of arbitration provisions...

This week, JP Morgan Chase & Co. agreed to a settlement with the Consumer Financial Protection Bureau, the Office of Comptroller of the Currency, and 47 states to settle probes into its credit card debt collection practices.

Earlier this month, New York adopted enhanced consumer debt collection regulations proposed by the New York State Department of Financial Services (NYDFS).

In a new study, the Consumer Financial Protection Bureau (CFPB) criticizes reverse mortgages as misleading and as having resulted in senior citizens being confused about exactly what such a transaction involves.

Effective November 20, 2014, an SBIC fund may now utilize two levels of passive small businesses as pass-through entities before the investment proceeds flow through to an eligible subsidiary that qualifies as a small business.

In connection with the United States Small Business Administration’s (SBA) commitment of up to $1 billion in available leverage to Early Stage SBIC funds over a five-year period, SBA has issued a call notice for Early Stage fund managers interested in forming a Small Business Investment Company fund to be licensed as an Early Stage SBIC fund.

The Consumer Financial Protection Bureau (CFPB) recently provided guidance discouraging mortgage industry participants from entering into marketing services arrangements (MSAs).

Aetna will acquire Humana for a combination of cash and stock valued at $37 billion, according to a joint news release from the two insurers.

After a nationwide drug tracking system failed to be included into the FDA user fee legislation passed in July 2012, legislation was re-introduced on Wednesday, Oct. 24, 2012, to create a nationwide drug tracking system at the lot level.

On May 19, 2015, FDA published in the Federal Register proposed a rule to collect antimicrobial sales and distribution data by major food animal species (cattle, swine, chickens, and turkeys).