The CFPB is suing Vanderbilt Mortgage for alleged predatory lending and failing to verify borrowers’ ability to repay loans.

CFPB alleges Vanderbilt Mortgage and Finance steered customers to buy manufactured homes they couldn’t afford.

Vanderbilt Mortgage and Finance, a unit of Clayton, allegedly ignored "clear and obvious red flags" that borrowers could not ...

The lawsuit alleges the lender “saddled borrowers in the greatest need with mortgages that they couldn’t reasonably afford to ...

Today, the Consumer Financial Protection Bureau (CFPB) sued Vanderbilt Mortgage & Finance for setting families up to fail when they borrowed money to buy a manufactured home. The CFPB alleges that ...

The CFPB issued separate policy statements on "sandbox approvals" and no-action letters for fintechs. Both policies are expected to be rescinded by an acting CFPB director appointed by President-elect ...

The US Consumer Financial Protection Bureau (CFPB) has proposed a rule that could require crypto asset service providers to reimburse users for funds stolen through illicit activities, including ...

As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.” So it was a bit like déjà vu when Elon Musk, Trump’s new presidential ...

ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a lawsuit Thursday against the CFPB and Director Rohit Chopra in the U.S. District Court for the Southern ...

Approvals will be granted for “innovations that solve unmet needs” in consumer financial services markets, and the CFPB’s procedures “seek to increase transparency and reduce favoritism ...