Fifth Third Bank,the principal subsidiary of Fifth Third Bancorp,is a bank holding company headquartered in Cincinnati,Ohio. Fifth Third operates 1,088 branches and 2,104 automated teller machines,which are in 11 states:Ohio,Florida,Georgia,Illinois,Indiana,Kentucky,Michigan,North Carolina,South Carolina,Tennessee,and West Virginia. It is on the list of largest banks in the United States and is ranked 321st on the Fortune 500. The name "Fifth Third" is derived from the names of the bank's two predecessor companies,Third National Bank and Fifth National Bank,which merged in 1909.
Steve Czaban is an American sports radio personality. Czaban hosts The Steve Czaban Show on 97.3 The Game. He also formerly hosted The Steve Czaban Show on Yahoo! Sports Radio and formerly hosted a daily sports segment for Bob &Brian. He was previously featured on Fox Sports Radio.
The Home Mortgage Disclosure Act is a United States federal law that requires certain financial institutions to provide mortgage data to the public. Congress enacted HMDA in 1975.
Richard Adams Cordray is an American lawyer and politician who is the outgoing COO of Federal Student Aid in the United States Department of Education. He served as the first director of the Consumer Financial Protection Bureau (CFPB) from 2012 to 2017. Before that,Cordray variously served as Ohio's attorney general,solicitor general,and treasurer. He was the Democratic nominee for governor of Ohio in 2018. The Biden administration has announced Cordray's departure in June 2024 following a chaotic rollout of changes to the FAFSA student aid application form.
The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12,Chapter 27 of the United States Code,12 U.S.C. §§ 2601–2617. The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services,and eliminating kickbacks and referral fees which add unnecessary costs to settlement services. RESPA requires lenders and others involved in mortgage lending to provide borrowers with pertinent and timely disclosures regarding the nature and costs of a real estate settlement process. RESPA was also designed to prohibit potentially abusive practices such as kickbacks and referral fees,the practice of dual tracking,and imposes limitations on the use of escrow accounts.
Moneytree,Inc. is a retail financial services provider headquartered in Tukwila,Washington,with branches in Washington,California,Colorado,Idaho,Nevada,and British Columbia. Moneytree offers payday loans,installment loans,prepaid debit cards,money orders,bill payment,Western Union transfers,auto equity and title loans. In 2013,Moneytree won "Best Place to Work in Colorado" in the small business category.
The Community Financial Services Association of America (CFSA) is a trade association in the United States representing the payday lending industry.
The PHH Corporation is an American financial services corporation headquartered in Mount Laurel,New Jersey which provides mortgage services to some of the world's largest financial services firms. PHH is the biggest U.S. outsourcer of home loans,processes and originates mortgages on behalf of small banks and some of the world's largest financial firms,including Morgan Stanley and HSBC Holdings Plc. On October 4,2018 Ocwen Financial completed its acquisition of PHH Corporation and PHH is now a wholly owned subsidiary of Ocwen Financial Corp.
Josephine Laura Staton is a United States district judge of the United States District Court for the Central District of California.
The Center for Responsible Lending (CRL) is a nonprofit organization research and policy group based in Durham,North Carolina,United States. Its stated purpose is to educate the public about financial products and to push for policies that curb predatory lending. On its website and elsewhere,CRL describes its mission as that of "protecting homeownership and family wealth by working to eliminate abusive financial practices." CRL is affiliated with the Center for Community Self-Help.
The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector. CFPB's jurisdiction includes banks,credit unions,securities firms,payday lenders,mortgage-servicing operations,foreclosure relief services,debt collectors,and other financial companies operating in the United States. Since its founding,the CFPB has used technology tools to monitor how financial entities used social media and algorithms to target consumers.
Rajeev V. Date is an American businessman,attorney,and venture capital investor who served as Deputy Director and Special Advisor for the United States Consumer Financial Protection Bureau. He had previously served in a variety of leadership positions at the Bureau,including several months as the startup agency's leader,as the Special Advisor to the United States Secretary of the Treasury. He is credited with guiding the Consumer Financial Protection Bureau's early strategic,operational,and policy initiatives.
We Can't Wait is a policy initiative launched by the U.S. President Barack Obama's administration in October 2011 to institute policies by executive orders,administrative rulemaking,and recess appointments. The initiative was developed in response to the United States Congress' unwillingness to pass economic legislation proposed by Obama,and conflicts in Congress during the 2011 debt ceiling crisis.
The California Department of Financial Protection and Innovation regulates a variety of financial services,businesses,products,and professionals. The department operates under the California Business,Consumer Services and Housing Agency.
Leandra English is an American political advisor serving as an advisor to the Superintendent of the New York State Department of Financial Services. She formerly was the Deputy Director of the Consumer Financial Protection Bureau (CFPB) from 2017 until her resignation in 2018. She was the plaintiff in the lawsuit English v. Trump,in which she unsuccessfully sought to have herself acknowledged as Acting Director of the CFPB.
David M. Silberman is an American government administrator who served as the associate director for Research,Markets,and Regulation at the Consumer Financial Protection Bureau. Silberman also previously served as the agency's Acting Deputy Director,until the appointment of Leandra English to the office.
Leandra English v. Donald Trump,et al.,No. 1:17-cv-02534,was a lawsuit before the United States District Court for the District of Columbia. The plaintiff,Leandra English,alleged that the defendants,Donald Trump and Mick Mulvaney,violated 12 U.S.C. §5491(b)(5)(B),a component of the Dodd–Frank Act of 2010,when President Trump appointed Mulvaney to be Acting Director of the Consumer Financial Protection Bureau (CFPB).
Rohit Chopra is an American consumer advocate who is the third director of the Consumer Financial Protection Bureau (CFPB) and previous member of the Federal Trade Commission (FTC). Prior to this,Chopra served as assistant director of the CFPB and as the agency's first Student Loan Ombudsman,an office created by the Dodd–Frank Act.
Kathleen Laura Kraninger is an American government official who served as director of the Consumer Financial Protection Bureau (CFPB) from December 11,2018,until her resignation on January 20,2021. Before that,she served in the White House Office of Management and Budget during the Trump administration.
Consumer Financial Protection Bureau v. RD Legal Funding,LLC,332 F. Supp. 3d 729,is a lawsuit by the Consumer Financial Protection Bureau (CFPB) and the Attorney General of New York against Defendants RD Legal Funding,LLC,RD Legal Finance,LLC,RD Legal Funding Partners,LP and Roni Dersovitz,the founder and owner of the RD Entities. On June 21,2018,Senior U.S. District Judge Loretta Preska posited that Title X of the Dodd–Frank Wall Street Reform and Consumer Protection Act,which established the CFPB as an independent bureau within the Federal Reserve System,was unconstitutional. On appeal,the Second Circuit vacated the district court's judgment and remanded for further proceedings.
