This past October, the Consumer Financial Protection Bureau (“CFPB”) took action against Navy Federal Credit Union, the largest credit union in the country. In doing so, the CFPB relied upon one of its favorite enforcement...more
Late last year, the Department of Justice (“DOJ”) and the Consumer Financial Protection Bureau (“CFPB”) brought a joint action against Hudson City Savings Bank (“Hudson Bank”) for redlining. Hudson Bank, based in New Jersey,...more
9/19/2016
/ Civil Monetary Penalty ,
Civil Rights Act ,
Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Department of Justice (DOJ) ,
ECOA ,
Federal Housing Administration (FHA) ,
Minorities ,
Mortgage Lenders ,
Mortgages ,
Redlining
Today we’re taking a look at the CFPB’s recent enforcement case against Citibank, N.A. (“Citibank”) and two of Citibank’s subsidiaries, Department Stores National Bank (“DSNB”) and Citicorp Credit Services, Inc. (USA) (“CCSI...more
8/25/2015
/ Affiliates ,
Citibank ,
Civil Penalty Fund ,
Consent Order ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Cards ,
Credit Monitoring ,
Debt Collection ,
Enforcement Actions ,
OCC ,
Subsidiaries ,
Telemarketing ,
Telemarketing Sales Rule ,
Third-Party Service Provider ,
Unfair or Deceptive Trade Practices