One of the most intriguing aspects of the new Consumer Financial Protection Bureau is the agency's novel power not only to assess civil penalties against those entities that violate its rules and federal consumer laws, but...more
5/22/2013
- CFPB Civil Monetary Penalty Dodd-Frank
The Consumer Financial Protection Bureau has announced its intention to oversee the nation's largest nonbank loan servicers, which service more than one million accounts each year, in the higher education loan market. While...more
3/27/2013
- CFPB Dodd-Frank Loan Servicing Student Loans