At least one political appointee at the Consumer Financial Protection Bureau is raising concerns about fees JPMorgan Chase & ...

The ultimate price tags on the fees could make a life-or-death difference for fintech companies.

One official at a federal consumer protection agency is reportedly raising concerns over JPMorgan Chase's plan to charge ...

The largest U.S. bank says it will begin charging the firms to access customer financial data. PNC’s CEO applauded the effort ...

The Consumer Financial Protection Bureau (CFPB) launched a public inquiry, May 29, into junk fees that are increasing mortgage closing costs.Mortgage lenders and borrowers are encouraged to respond ...

CFPB Launches Public Inquiry into Rising Mortgage Closing Costs and ‘Junk Fees’ by: Timothy A. Butler , Matthew M. White , Tessa L. Cierny of Greenberg Traurig, LLP - Financial Regulatory ...

Following a recent call for consumer input, the Consumer Financial Protection Bureau (CFPB) announced it will launch a formal public inquiry into so-called “junk fees” that the Bureau claims ...

The median total loan costs for home mortgages have risen by more than 36% from 2021 to 2023, the CFPB said. "Junk fees and excessive closing costs can drain down payments and push up monthly ...

From 2021 to 2023, median total loan costs for home mortgages surged by over 36%, according to a CFPB analysis. These rising costs strain household budgets and diminish families’ ability to ...

"Fees for title insurance and other closing costs must be provided and disclosed to consumers under a federally mandated rule that the CFPB itself developed in 2015," ALTA said in a statement.

With an estimated annual saving of $3.5 billion in fees, the average household stands to gain $150, CFPB said, bringing substantial relief to millions of Americans. JPMorgan Chase Bank in Midtown ...

While overdraft fees have been a lucrative line item for the industry, generating $280 billion in revenue since 2000 according to the CFPB, banks’ revenue from the service has been on the decline.