Wise is Ordered by CFPB to Pay $2.5 Million for Illegal Remittance Practices
The company misled customers about fees and charges and failed to provide consumer disclosures February 11, 2025 Washington, DC −…
Category: Consumer
Consumer news.
CFPB Takes Action Against Draper & Kramer Mortgage for Discriminatory Mortgage Lending Practices
Draper redlined neighborhoods in Chicago and Boston January 25, 2025 Washington, DC − (Highpoint Digest) − On January 17, 2025,…
FTC Sues Prescription Drug Middlemen Caremark, Express Scripts, Optu for Artificially Inflating Insulin Drug Prices
Caremark, Express Scripts, Optum, and their affiliates created a broken rebate system that inflated insulin drug prices, boosting PBM profits…
CPSC Issues Warning for Consumers to Immediately Stop Using Mamibaby, Yoocaa, DHZJM, Cosy Nation & Hyhuudth Loungers Manufactured by Ningbo Tree Nest Children Products Due to Suffocation, Fall & Entrapment Hazards; Violations of Regulations; 5 Infant Deaths Reported
September 05, 2024 Washington, DC (Highpoint Digest) − The U.S. Consumer Product Safety Commission (CPSC) is warning consumers to immediately…
NewDay USA Ordered to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans
NewDay USA’s deceptive tactics came amid VA home loan “churning” scandal September 02, 2024 WASHINGTON, D.C. – On August 29,…
FTC Takes Action Against Security Camera Firm Verkada over Charges it Failed to Secure Videos, Other Personal Data
Firm to pay $2.95 million for violating CAN-SPAM Act and implement security program to address data security failures August 31,…
CFPB Takes Action Against Contract-for-Deed Investors from Setting Up Borrowers to Fail
CFPB affirms that contracts for deed must comply with longstanding federal mortgage protections August 26, 2024 Washington DC (Highpoint Digest)…
Help is now available for people facing housing problems because of a contract for deed
August 22, 2024 Washington, DC (Highpoint Digest) − Like all home purchases, a contract for deed involves a contract between…
CFPB to begin distributing over $8 million to consumers harmed by All American Check Cashing, Inc.
August 08, 2024 Washington, DC (Highpoint Digest) − On July 30, 2024, the Consumer Financial Protection Bureau (CFPB) took action…
FTC and DOJ to launch first ever strike force to investigate unfair and illegal pricing by businesses and corporations on Americans
August 02, 2024 Washington, DC (Highpoint Digest) − The Federal Trade Commission (FTC) and the Department of Justice (DOJ) virtually…