CFPB News

Capital One Sued for Misleading Customers on Savings Rates

Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t also give to existing savings accounts, the Consumer Financial Protection Bureau said Tuesday in a lawsuit against the bank. …

CFPB Sues Berkshire-Owned Lender Over ‘Unaffordable’ Loans

A lender owned by Warren Buffett’s Berkshire Hathaway Inc. knowingly issued “unaffordable” home mortgages by ignoring the insufficient income or assets of some borrowers, a top financial regulator alleged in a lawsuit Monday. The Consumer Financial Protection Bureau sued Vanderbilt …