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  • [ April 17, 2026 ] Banking regulators revise model risk management guidance, rescind previous FDIC
  • [ April 16, 2026 ] Bank agrees to make restitution after allegedly deceiving customers to take ‘cash out’ VA loans OCC
  • [ April 15, 2026 ] Consumer financial strain, rising energy costs due to war, outlined in latest Beige Book The Fed
  • [ April 14, 2026 ] ‘Ask the regulators’ May 5 to focus on proposals to revise capital requirements for smaller banks FDIC
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CFPB

Honda financing arm to pay $12.8 million in redress, penalty over credit reporting violations during COVID-19 pandemic

January 17, 2025 0

American Honda Finance Corporation was ordered Friday to pay $10.3 million in consumer redress plus a $2.5 million civil money penalty over findings of credit report furnishing inaccuracies and dispute investigation failures during the COVID-19 […]

CFPB

CFPB orders $6 million in redress, penalties for prison financial services firm JPay

October 19, 2021 0

A dominant provider of financial services to prisons and jails nationwide has been ordered to pay $4 million in consumer redress and a $2 million civil money penalty over allegations it charged people who were departing […]

CFPB

CFPB seeks $5.4 million in consumer redress, $1 fine from MA debt settlement firm

May 17, 2021 0

A debt collection firm in Massachusetts would be required to pay $5.4 million in consumer redress and a $1 civil money penalty under a settlement proposed Monday by the Consumer Financial Protection Bureau (CFPB). The […]

CFPB

Settlement calls for $9.3 million in redress – but bureau shrinks that amount by 90%, adds $1

November 23, 2020 0

Misleading statements about what customers in an auto payment program would pay have earned the Florida company that ran the program and its owner a settlement with the consumer financial protection agency over charges of […]

CFPB

CFPB proposes $15 million penalty, plus redress, against Encore Capital Group and subsidiaries

October 15, 2020 0

A proposed stipulated final judgment and order filed Thursday by the federal consumer financial protection agency would impose a $15 million civil money penalty and require $79,308.81 in consumer redress against four firms over violations […]

CFPB

Nissan finance arm to pay up to $5 million in fine, redress over illegal collections, repo practices

October 14, 2020 0

A $4 million civil money penalty and up to $1 million in consumer redress must be paid by Nissan Motor Acceptance Corporation, an auto financing subsidiary of Nissan North America, Inc., under a consent order […]

CFPB

CFPB orders short-term lenders to pay $3.5 million in redress but allows reduction; cites deceptive, unfair acts

June 2, 2020 0

A consent order between the consumer financial protection agency and affiliated payday and auto-title lenders working in eight states imposes a judgment of about $3.5 million in consumer redress, but the settlement announced Tuesday provides […]

Today

  • Banking regulators revise model risk management guidance, rescind previous

    April 17, 2026 0
    The three federal prudential banking regulators on Friday issued revised model risk management guidance generally applicable to banking organizations with more than $30 billion in total assets. The Federal Deposit Insurance Corp. (FDIC), in a release, said the guidance “does [...]

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