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CFPB Monthly Complaint Report Spotlights Errors on Credit Reports
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) has released the Monthly Complaint Report for May 2016 that shows consumers continue to complain about...
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Senator Requests Information from Consumer Reporting Agencies about Consumer...
Written By ESR News Blog Editor Thomas Ahearn U.S. Senator Claire McCaskill (D-Missouri) has written a letter to 21 Consumer Reporting Agencies (CRAs) requesting information about the uses of...
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CFPB Supervisory Highlights for Summer 2016 Include FCRA Adverse Action...
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) Supervisory Highlights for Summer 2016 publication features some issues related to adverse action notices...
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Wells Fargo Fined $185 Million for Secretly Opening Unauthorized Accounts
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) has fined Wells Fargo Bank, N.A. $100 million – the largest penalty the CFPB ever imposed – as part of a...
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Court Rules Structure of CFPB is Unconstitutional
Written By ESR News Blog Editor Thomas Ahearn The U.S. Court of Appeals for the District of Columbia Circuit has ruled the structure of an independent agency established by Congress in the Dodd-Frank...
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Financial Institutions Will Seek Stronger Security Measures from Screening...
Written By ESR News Blog Editor Thomas Ahearn With data breaches front page news in 2016, industries dealing with sensitive and confidential information – especially in the financial sector – know...
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CFPB Orders TransUnion and Equifax to Pay for Deceiving Consumers about...
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) has ordered TransUnion and Equifax, Inc. to pay a total of more than $17.6 million in restitution to...
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CFPB Monthly Complaint Report for February Highlights Complaints about Credit...
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) has released the Monthly Complaint Report for February 2017 that highlights consumer complaints about...
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CFPB Releases Report Detailing Problems in Credit Reporting Industry
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) has released a special report that details the problems in the credit reporting industry that the CFPB...
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CFPB Fines Credit Reporting Agency $3 Million for Deceiving Consumers about...
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) has ordered one of the nation’s three largest credit reporting agencies, Experian, to pay a civil penalty...
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Three Major Credit Reporting Agencies to Implement Enhanced Public Record...
Written By ESR News Blog Editor Thomas Ahearn Three major national credit reporting agencies in the United States – Equifax, Experian, and TransUnion – will implement enhanced public record data...
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Judge Grants CFPB Petition Enforcing Demand for Information from Public...
Written By ESR News Blog Editor Thomas Ahearn A federal judge in Texas has ordered a company located in the state that compiles public records to turn over information requested in a Civil...
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CFPB Orders Bank to Pay $4.6 Million Penalty for Violating FCRA Requirements...
Written By ESR News Blog Editor Thomas Ahearn On August 2, 2017, the Consumer Financial Protection Bureau (CFPB) ordered JPMorgan Chase Bank, N.A. to pay a $4.6 million penalty for failing to comply...
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President Trump Designates OMB Director Mick Mulvaney as Acting Director of...
Written By ESR News Blog Editor Thomas Ahearn On November 27, 2017, the White House released a statement supporting the legality of President Donald J. Trump’s designation of Mick Mulvaney, the...
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CFPB To Redirect Mission and Focus Under New Leadership While Enforcing...
Written By ESR News Blog Editor Thomas Ahearn On January 23, 2018, Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau (CFPB) – an agency of the U.S. government responsible for...
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CFPB Report Focuses on Removal of Civil Public Records from Credit Reports
Written By ESR News Blog Editor Thomas Ahearn On February 22, 2018, the Consumer Financial Protection Bureau (CFPB) – a U.S. government agency responsible for consumer protection in the financial...
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National Credit Reporting Agencies to Remove All Tax Liens from Consumer...
Written By ESR News Blog Editor Thomas Ahearn In March 2017, ESR News reported that national credit reporting agencies (NCRAs) Equifax, Experian, and TransUnion had announced the implementation of...
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CFPB Called Far Too Powerful with Little Oversight of Activities in Report
Written By ESR News Blog Editor Thomas Ahearn In April 2018, the Consumer Financial Protection Bureau (CFPB) – the United States government agency responsible for consumer protection in the financial...
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CFPB Issues Interim Final Rule that Requires Inclusion of New Notice in...
Written By ESR News Blog Editor Thomas Ahearn On September 12, 2018, the Consumer Financial Protection Bureau (CFPB) – the United States government agency responsible for consumer protection in the...
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CFPB Issues Updated FCRA Model Disclosures
Written By ESR News Blog Editor Thomas Ahearn On September 12, 2018, the Consumer Financial Protection Bureau (CFPB) – also known as the Bureau of Consumer Financial Protection (BCFP) and the United...
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