UBS Group AG agreed to pay $300 million to settle a mortgage-related case with the U.S. Department of Justice as it continues to work down the list of legal issues it inherited when it bought Credit Suisse in early 2023. The Zurich-based bank said the decision will resolve all of the outstanding payments owed from […]
UBS pays $300 million to settle Credit Suisse mortgage case Read More »
Bloomberg News The Consumer Financial Protection Bureau is ramping up its attacks on the Government Accountability Office, claiming the independent congressional watchdog was “politicized” for questioning acting Director Russell Vought’s decision to reject funding for the CFPB this year. Mark Paoletta, the CFPB’s chief legal officer, sent a letter Thursday criticizing GAO for questioning Vought’s
CFPB calls GAO funding probe ‘political’ and ‘weaponized’ Read More »
The Senate passed the Homebuyers Privacy Protection Act on Saturday, a move that will bring to an end most types of trigger leads. The legislation passed by unanimous consent, a move where a bill can be approved without a roll call vote. The bill now heads to President Donald Trump’s desk where he is expected
Senate passes trigger lead ban Read More »