Checking In On The CFPB: Part 1

Law360, New York (November 19, 2014, 12:40 PM EST) -- Between July 17, 2012, and Oct. 9, 2014, the Consumer Financial Protection Bureau brought 60 enforcement actions. According to our unofficial tally, those enforcement actions resulted in settlements requiring the payment of $2.2 billion in restitution, $174 million in CFPB civil money penalties, and, in a few cases, other forms of consumer relief. We discuss below the products and alleged practices that led to those recoveries....

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