Ejudicate has been permanently banned by the bureau for holding arbitration proceedings for a company it received a kickback from.

By the end of the decade, the embedded finance industry could be bringing in close to $400 billion in revenue each year, according to Seth Frotman, general counsel at the CFPB.

All new covered orders must be submitted within 90 days of the order’s effective date, according to the bureau’s final rule on the registry.

The findings published in the CFPB’s latest supervisory highlights report are largely in line with previous bureau actions.

FTA sues CFPB over BNPL interpretive rule; DOJ reaches first redlining settlement with a credit union; CFPB files lawsuit against student loan provider; regulators update nonbank ransomware self-assessment tool.

The SEC alleged Macquarie Investment Management Business Trust’s valuation practices for collateralized mortgage obligations violated the Investment Advisors Act and the Investment Company Act.

Citadel Federal Credit Union said the alleged redlining was an inadvertent outcome from its push into digital services.

The settlement between Franklin Credit Management and the Massachusetts attorney general will require the servicer to cease collecting or attempting to collect on “zombie” second liens in the state.

Fairway Independent Mortgage denied the allegations and said it determined the settlement was “the most appropriate solution.”

While impairments initially rise following a hurricane, borrowers with loans in ABS typically get back on track, according to dv01.