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CFPB Orders Installment Lender OneMain to Pay $20 Million for Deceptive Sales Practices

May 31, 2023May 31, 2023 HRM Staff career, Consumer Financial Protection Bureau, Consumer Financial Protection Bureau (CFPB), deceptive sales, employment, finanaces, Financial, financial lenders, interest, Leadership, loans, money, OneMain, purchases, Washington D.C

Lender pushed employees to hit sales targets and illegally withheld refunds By: Consumer Financial Protection Bureau WASHINGTON, D.C. — The Consumer

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CFPB Joins Other Financial Regulatory Agencies in Issuing Statement on Completing the LIBOR Transition

April 26, 2023April 26, 2023 HRM Staff Adjustable Interest Rate, Agencies, America, business opportunity, CFPB, Consumer Financial Protection Bureau, Consumer Financial Protection Bureau (CFPB), consumers, Education, efforts, Established, Finances, Financial Literacy, LIBOR, money, Secured Overnight Financing Rate, statement, The Federal Reserve Board, Transition, United States, united states of America, Washington D.C

CFPB Joins Other Financial Regulatory Agencies in Issuing Statement on Completing the LIBOR Transition By: Consumer Financial Protection Bureau WASHINGTON,

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CFPB Announces Revised Methodology for Determining Average Prime Offer Rates

April 16, 2023April 16, 2023 HRM Staff Annual, Calculate, CFPB, Characteristics, Consumer Financial Protection Bureau (CFPB), data, Determined, Federal Financial Institutions ExaminationN Council, finance, Financial, Methodology, money, Mortgage, offer rates, Percentages, Revised Methodology for Determining Average Prime, Washington D.C

WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) announced a revised version of its “Methodology for Determining Average Prime

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CFPB Sues James Carnes and Melissa Carnes for Hiding Money to Avoid Paying for Illegal Payday Lending Business

April 5, 2023April 5, 2023 HRM Staff Business, chief executive officer, company, Consumer Financial Protection Bureau (CFPB), Credit card company, Fraud, fraudulent transactions, hiding, Illegal, James Carnes, Laundering, lawuit, Melissa Carnes, money, payday, payment, Penalties, Restitution, sales, Washington

Seeking to avoid more than $40 million in restitution and penalties, Carnes made a series of fraudulent transfers to his

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FDIC Acts to Protect All Depositors of the former Silicon Valley Bank

March 13, 2023March 13, 2023 HRM Staff bank, banker, California Department of Financial Protection and Innovation, department of financial protection and innovation, FDIC, Federal National Mortgage Association, informational, loans, money, National News, news, Silicon Valley, Silicon Valley Bank, tax payers, Tim Mayopoulos, Washington D.C

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today transferred all deposits—both insured and uninsured—and substantially all assets of the