When we take an enforcement action against an entity or person
we believe has violated the law, we will post court documents
and other related materials here.
The Bureau may enforce the law by filing an action in federal
district court or by initiating an administrative adjudication
proceeding. Administrative proceedings are conducted by an
Administrative Law Judge, who holds hearings and issues a
recommended decision. Proceedings are conducted in accordance with
the
Rules of Practice for Adjudication Proceedings.
On March 3, 2021, the Bureau filed a lawsuit in the U.S.
District Court for the Northern District of Illinois
against BrightSpeed Solutions, Inc. (BrightSpeed) and its
founder and former chief executive officer, Kevin Howard.
On February 22, 2021, the Bureau filed a lawsuit in the
United States District Court for the Western District of
Virginia against Nexus Services, Inc. (Nexus Services),
Libre by Nexus, Inc. (Libre), and their principals,
Micheal Donovan, Richard Moore, and Evan Ajin.
On January 15, 2021, the Bureau filed a lawsuit in the
United States District Court for the District of
Connecticut against 1st Alliance Lending, LLC, John
Christopher DiIorio, Kevin Robert St. Lawrence, and
Socrates Aramburu.
On December 22, 2020, the Consumer Financial Protection
Bureau (Bureau) issued a consent order against Santander
Consumer USA Inc. (Santander). Santander, a subsidiary of
Banco Santander S.A., is a leading originator and servicer
of nonprime auto loans and leases.
On December 22, 2020, the Bureau issued a consent order
against Discover Bank, The Student Loan Corporation, and
Discover Products, Inc. (collectively, Discover). Discover
Bank, headquartered in Greenwood, Delaware, is an insured
depository institution that provides and services private
student loans.
On December 21, 2020, the Bureau issued a Consent Order
against Envios de Valores La Nacional (La Nacional). La
Nacional provides remittance transfers to several
countries overseas through a network of branches and over
1,400 agents.
On December 18, 2020, the Consumer Financial Protection
Bureau (Bureau) issued a consent order against Seterus,
Inc. (Seterus), a former mortgage servicer based in North
Carolina, and Kyanite Services, Inc. (Kyanite).
On December 11, 2020, the Consumer Financial Protection
Bureau (Bureau) and the Arkansas Attorney General filed a
proposed stipulated final judgment and order in the United
States District Court for the Eastern District of Arkansas
against Alder Holdings, LLC (Alder).
On December 8, 2020, the Consumer Financial Protection
Bureau (Bureau) issued a consent order against RAB
Performance Recoveries, LLC (RAB) threatening to sue and
suing to collect debts where it did not have a legally
required license to do so.
On December 7, 2020, the Consumer Financial Protection
Bureau (Bureau) filed a complaint and proposed stipulated
judgment and order against Nationstar Mortgage, LLC, which
does business as Mr. Cooper (Nationstar).
On December 4, 2020, the Consumer Financial Protection
Bureau (Bureau) filed a lawsuit in the United States
District Court for the Northern District of California
against LendUp Loans, LLC (LendUp).
On December 1, the Consumer Financial Protection Bureau
(Bureau) filed a lawsuit in the United States District
Court for the District of Massachusetts against DMB
Financial, LLC (DMB).
On November 20, 2020, the Consumer Financial Protection
Bureau (Bureau) filed a lawsuit against FDATR, Inc.
(FDATR), and its owners, Dean Tucci and Kenneth Wayne
Halverson.
On November 20, 2020, the Bureau issued a consent order
against U.S. Equity Advantage, Inc. (USEA) and its owner,
Robert M. Steenbergh. Robert M. Steenbergh is the founder,
sole-owner, and chief executive officer of USEA, a nonbank
located in Orlando, Florida.
On November 12, 2020, the Bureau issued a consent order
against Afni, Inc., a non-bank third-party debt collector
located based in Illinois that specializes in collecting
telecommunications debt.
On November 5, 2020, the Bureau filed a lawsuit in the
federal district court for the Central District of
California against Performance SLC, LLC (PSLC), a
California debt-relief business focused on federal student
loan debt; Performance Settlement, LLC (PSettlement), a
California debt-settlement company; and Daniel Crenshaw,
the owner and CEO of the two companies.
On November 5, 2020, the Consumer Financial Protection
Bureau (Bureau) filed a lawsuit against Driver Loan, LLC
and its Chief Executive Officer, Angelo Jose Sarjeant, for
violations of the Consumer Financial Protection Act of
2010 (CFPA).
On November 2, 2020, the Bureau issued a consent order
against SMART Payment Plan, LLC (SMART), a limited
liability company with its principal place of business in
Austin, Texas.
On October 27, 2020, the Consumer Financial Protection
Bureau (Bureau) settled with Washington Federal Bank,
N.A., a federally insured, for-profit national bank
headquartered in Seattle, Washington.
On October 26, 2020, the Consumer Financial Protection
Bureau (Bureau) issued a consent order against Low VA
Rates, LLC (Low VA Rates), a Utah-based mortgage lender
and broker incorporated in Colorado and licensed in 48
states and the District of Columbia.
On October 13, 2020, the Consumer Financial Protection
Bureau (Bureau) issued a consent order against Nissan
Motor Acceptance Corporation (Nissan), an auto financing
subsidiary of Nissan North America, Inc.
On September 15, 2020, the Consumer Financial Protection
Bureau (Bureau) filed a proposed stipulated judgment
against PEAKS Trust 2009-1, along with Deutsche Bank
National Trust Company, Deutsche Bank Trust Company
Delaware, and Deutsche Bank Trust Company Americas, in
their capacity as trustees to PEAKS Trust 2009-1
(collectively, PEAKS).
