The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) has seen significant changes since President Donald Trump fired former Director ...

FirstCash to pay $9 million in refunds and penalties for illegal pawn loans to servicemembers CFPB lawsuit alleged loans ...

The U.S. Consumer Financial Protections Bureau has reached a settlement with pawn shop chain owner FirstCash Inc and its subsidiaries for alleged violations of the Military Lending Act, the consumer ...

The CFPB alleged in its lawsuit that FirstCash and 19 of its subsidiaries were violating the Military Lending Act by making pawn loans to borrowers covered under the law with rates that exceeded the ...

On July 11, 2025, the Consumer Financial Protection Bureau (CFPB) announced a proposed $9 million settlement resolving its ...

In November 2023, the CFPB reached a $105,000 settlement with Townstone following a court victory that had upheld the agency’s right to regulate how lenders market mortgages.

Fast Company reached out to Townstone for comment. In its settlement in 2024, it admitted no wrongdoing. The CFPB’s latest response. After reviewing the settlement, the bureau stated in a press ...

The settlement required Townstone to pay a $105,000 penalty to the CFPB’s victims relief fund and prohibited the mortgage lender from engaging in any actions that violate ECOA.

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is seeking to vacate a settlement reached with Townstone Financial, a small Midwest mortgage firm, following what it describes ...

The reversal is part of the Trump administration's efforts to undo actions and rules from the Biden administration. Vought has withdrawn or dismissed more than half of the CFPB's enforcement docket, ...

On March 26, the CFPB filed a motion to vacate its recent settlement against an Illinois-based mortgage lender accused of engaging in discriminatory marketing practices in violation of the Equal ...

(Reuters) -The U.S. Consumer Financial Protections Bureau has reached a settlement with pawn shop chain owner FirstCash Inc and its subsidiaries for alleged violations of the Military Lending Act ...