Rocket Homes Used Illegal Kickback Scheme to Steer Homebuyers to Higher Rates Corporate Misconduct Accountability Project Rocket Homes Real Estate LLC · Federal enforcement action Rocket Homes Used Illegal Kickback Scheme to Steer Homebuyers to Higher Rates The CFPB alleges…
Performant Recovery Rigged Student Loan Rehab to Inflate Fees Corporate Misconduct Accountability Project Performant Recovery, Inc. · Consent Order Performant Recovery Rigged Student Loan Rehab to Inflate Fees For five years, the debt collector systematically delayed student loan rehabilitation agreements…
Case File: 2024-CFPB-0008 – New Day Financial The NewDay Deception CFPB File No. 2024-CFPB-0008 TL;DR: The Receipts WHO: New Day Financial, LLC, a national mortgage originator specializing in VA loans for veterans. WHAT: The company created deceptive worksheets that made…
Redlining for Profit: Townstone Financial’s Air War On Black Chicago TL;DR The U.S. government, via the Bureau of Consumer Financial Protection, filed a lawsuit (Case No. 1:20-cv-04176) against Townstone Financial for illegal racial discrimination in mortgage lending between 2014 and…
THE CLIMB CREDIT FILE Case No. 1:24-cv-07868 TL;DR: The Receipts Climb Credit and its parent companies allegedly engaged in “deceptive and abusive acts” by falsely marketing student loans. They created a “sham” return-on-investment (ROI) analysis to give the appearance of…
The Architecture of Exclusion TL;DR: The Fairway Files THE ACCUSED: Fairway Independent Mortgage Corporation. THE CRIME: Systematically discriminating against Black communities in the Birmingham-Hoover, Alabama metropolitan area by redlining. This is a direct violation of the Fair Housing Act, the…
VyStar Credit Union Hit for Unfair Digital Banking Practices Corporate Misconduct Accountability Project VyStar Credit Union · Consent Order VyStar Credit Union Hit for Unfair Digital Banking Practices The CFPB alleges VyStar Credit Union engaged in unfair acts and practices…
Navy Federal Charged Military Families Millions in Surprise Overdraft Fees Corporate Misconduct Accountability Project Navy Federal Credit Union · Consent Order Navy Federal Charged Military Families Millions in Surprise Overdraft Fees The nation’s largest credit union charged service members overdraft…
Case File: The Climb Credit Deception The Climb Credit Deception CFPB v. Climb Credit, Inc., et al. | Case No. 1:24-cv-07868 | S.D.N.Y. TL;DR Receipts PREDATORY MODEL: Climb Credit and its parent companies posed as a “trusted intermediary” for students,…
This is the McMansion that small-time psychopath Robert “Bob” Kane was able to buy by exploiting society’s most vulnerable population: I guess money can’t buy good tastes, huh? In a recent legal action filed by the Consumer Financial Protection Bureau…