The Fed fined Wells Fargo $8.5 million and the FTC is sending out $108 million in refunds stemming from wrongful doings of Countrywide Financial.
Entries Tagged as 'Federal Trade Commission'
Corrupt Mortgage Lenders Forced to Pay Out Millions in Fines, Restitution
July 21st, 2011 · No Comments · Mortgages
Tags: Borrowers·Countrywide Financial·Federal Reserve·Federal Trade Commission·Fines·mortgage lenders·Mortgages·restitution·subprime rates·Wells Fargo
How the FTC Protects Consumers From Debt Collection Violations [RESOURCE]
April 14th, 2011 · No Comments · Debt Collection
How does the FTC protect consumers from debt collection violations? The answers are outlined in the FTC’s 33rd annual report on the Fair Debt Collection Practices Act (FDCPA) – a long report that I’ve broken down into three blog posts.
Tags: CFPB·Consumer Financial Protection Bureau·debt·Debt Collection·debt collection violations·Fair Debt Collection Practices Act·FDCPA·Federal Trade Commission·FTC
When It Comes to Debt Collection, Do You Know What’s Legal and What’s Not? FTC Can Help
April 7th, 2011 · 2 Comments · Debt Collection
Beyond the enforcement of debt collection laws, the Federal Trade Commission (FTC) educates consumers and the debt collection industry about what’s legal, and what’s not.
Tags: Consumer Response Center·consumers·debt·Debt Collection·debt collectors·Federal Trade Commission·FTC
