Consumer Financial Protection Bureau “CFPB” is the first organization that is actually taking huge steps to punish lenders and creditors who are preying on the innocent or naive consumer.

Feds Announce Litigation Against Law firms for Deceptive Loan Modification Practices

$16.2 Million Jury Verdict Against PHH Mortgage for Botched Loan Modification

The story is one that thousands of homeowners have experienced over the last 8 years: job loss, financial collapse, and possible bankruptcy.  The homeowner diligently works with the lender to reduce payments, following the lender/servicer’s instructions only to find complete mismanagement by the lender/servicer to properly document agreements and then the initiation of a foreclosure. […]

Root of all Evil: Credit has Taken the Place of Money

Debt Collection Surveys to be Mailed to Consumers

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Mortgage Modification Frauds

National City Discriminatory Loans Costs $35 Million

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OCWEN Slammed With $2 Billion Settlement

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CFPB To Oversee Student Loan Servicers

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$14M Reimbursement to Payday Loan Borrowers

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Problems with Military Lending Act

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NEW STUDENT LOAN RULES ADD PROTECTIONS

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