The Mess at Condor Capital Signals Stiffer State Oversight
Legal action brought by New York State last month against Condor Capital Corp., a Long Island subprime lender accused of ...
Tag: Bureau of Consumer Financial Protection
Vendor Management Runs Deep
With the Consumer Financial Protection Bureau holding lenders responsible for their independent third-party vendors, what should lenders do to stay compliant? ...
Questions Hover as Condor Capital Heads to Court
In April, N.Y. State’s Department of Financial Services obtained a temporary restraining order in federal court against Hauppauge, N.Y.-based subprime ...
At Least Six Auto Lenders Said to Be in CFPB Crosshairs
The Consumer Financial Protection Bureau is purportedly engaged in at least six fair lending actions against auto finance companies, a ...
DOJ Probes Fifth Third for Fair Lending Violations
Fifth Third Bank is under investigation by the Department of Justice to determine whether the bank engaged in discriminatory practices ...
BMO Harris Bank On Its Own With Flats Comp — For Now
NEWPORT BEACH, Calif. -- While officials from the Consumer Financial Protection Bureau might be pleased that BMO Harris Bank last ...
BMO Harris Moves to Flats
BMO Harris Bank is the first major lender to switch to flat fees from a dealer-reserve compensation structure. The move ...
The Pen Is Causing Cordray More Trouble
And they say letter writing is dead. The old-fashioned form of communications is getting a lot of attention in the ...
