Penalties: TBD
Respondent: LendingClub Corporation
Violation: Falsely promising consumers they would receive a loan with “no hidden fees,” when, in actuality, the company deducted hundreds or even thousands of dollars in hidden up-front fees from the loans… Read More
179 Enforcement Actions in the U.S. over past 30 days
FINRA enforcements increased 21% over the past 30 days
FTC issued enforcements: $8,726,254.27 over the past 30 days
165 Final Rules go into effect in the next 30 days
55 Mortgage Lending docs published in the last 7 days
5330 docs with 12540 extracted obligations from the last 7 days
108 new Proposed and Final Rules were published in the past 7 days
11692 new docs in pro.compliance.ai within the last 7 days
Download the Q3 Enforcement eBook now!
Join us Feb 4th at Comply 2021