On September 18, 2024, the U.S. Attorney’s Office for the District of New Jersey, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Justice (DOJ) announced it had entered into a consent order and a conciliation agreement with a New Jersey-based bank resolving allegations that the Bank had engaged in a pattern…
On September 17, 2024, the California Department of Financial Protection and Innovation (DFPI) announced it had taken enforcement action against three companies issuing two desist and refrain orders and one consent order against the businesses for allegedly charging unlawful fees for student loan debt relief services, in violation of the California Consumer Financial Protection Law…
On July 10, 2024, the California Department of Financial Protection and Innovation (DFPI) announced that it would be revoking the California Financing Law license of a finance lending company based in San Francisco. The finance lending company offers loans to individuals and businesses. In April 2024, its parent company filed…