Prepared Remarks of CFPB Director Rohit Chopra at the Center for American Progress Housing Summit
Director Chopra delivered remarks on streamlining the refinancing process following the Federal Reserve federal funds rate reduction.
Newsroom
CFPB Takes Action to Stop Banks from Harvesting Overdraft Fees Without Consumers' Consent
The CFPB today published guidance to help federal and state consumer protection enforcers stop banks from charging overdraft fees based on phantom opt-in agreements.
Prepared Remarks of CFPB Director Rohit Chopra at the Congressional Black Caucus Foundation's 53rd Annual Legislative Conference
Director Chopra delivered remarks on housing, including refinancing, appraisals, and other topics.
CFPB Bans Navient from Federal Student Loan Servicing and Orders the Company to Pay $120 Million for Wide-Ranging Student Lending Failures
Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order against the student loan servicer Navient for its years of failures and lawbreaking.
Prepared Remarks of CFPB Director Rohit Chopra on the Navient Enforcement Action Press Call
Director Chopra delivered remarks on the CFPB’s enforcement action against Navient.
CFPB Orders TD Bank to Pay $28 Million for Breakdowns that Illegally Tarnished Consumer Credit Reports
The CFPB ordered TD Bank to pay $7.76 million to tens of thousands of victims because of the bank’s illegal actions.
Prepared Remarks of CFPB Director Rohit Chopra at the National Housing Conference
Director Chopra delivered remarks on streamlining the refinancing process.
CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans
The CFPB took action against repeat offender New Day Financial (NewDay USA) for deceiving active duty servicemembers and veterans seeking cash-out refinance loans.
CFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to Fail
The CFPB released an advisory opinion and research report on a form of home seller financing that is often referred to as contract for deed.
Prepared Remarks of CFPB Director Rohit Chopra at the CFPB’s Field Hearing in St. Paul, Minnesota
Director Rohit Chopra discussed contracts for deed and the CFPB’s housing efforts at a field hearing in St. Paul, Minnesota.
CFPB Report Finds Lenders Cramming Markup Fees and Confusing Terms into Solar Energy Loans
The CFPB issued a report finding that some residential solar lenders are misleading homeowners and cramming markup fees into borrowers’ loan balances.
Prepared Remarks of CFPB Director Rohit Chopra at the Treasury Roundtable on Solar Financing
Director Rohit Chopra delivered remarks about preventing predatory lending in the residential solar market.
CFPB Demanda a la Compañía Afiliada a Rent-a-Center Acima y a su Fundador Aaron Allred por Usar Prácticas Crediticias Ilegales
La CFPB demanda a un grupo de compañías, conocido como Acima por efectuar actividades ilegales relacionadas con tantos como, cinco millones de contratos financieros con consumidores.
CFPB Sues Rent-a-Center Affiliate Acima and Acima’s Founder Aaron Allred for Illegal Lending Practices
The CFPB sued a group of companies known as Acima for illegal lending activities in connection with as many as five million consumer financing agreements.
CFPB Warns Against Intimidation of Whistleblowers
The CFPB issued a circular explaining how companies may break the law by requiring employees sign broad nondisclosure or confidentiality agreements that deter whistleblowing.
CFPB Advierte Contra la Intimidación a Denunciantes | CFPB
La CFPB emite circular explicando como las compañías podrían quebrantar la ley al pedirles a sus empleados la firma de amplios acuerdos de confidencialidad que desalientan la denuncia.
CFPB Proposes Interpretive Rule to Ensure Workers Know the Costs and Fees of Paycheck Advance Products
The CFPB proposed an interpretive rule explaining that many paycheck advance products are consumer loans subject to the Truth in Lending Act.
Prepared Remarks of CFPB Director Rohit Chopra on Emerging Paycheck Advance Products
Director Chopra delivered remarks on a press call to discuss the CFPB’s proposed interpretive rule on emerging paycheck advance comments.
CFPB Advierte Contra Engaños en Letra Pequeña de Contratos | CFPB
La CFPB publica circular advirtiendo acerca del uso de términos y condiciones ilegales o incumplibles en contratos de productos o servicios financieros.
CFPB Warns Against Deception in Contract Fine Print
The CFPB today issued a circular warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.
CFPB Launches Inquiry into Junk Fees in Mortgage Closing Costs
The Consumer Financial Protection Bureau (CFPB) today launched a public inquiry into junk fees that are increasing mortgage closing costs.
Prepared Remarks of CFPB Director Rohit Chopra at a White House Event Convening on Mortgage Closing Costs
CFPB Director Rohit Chopra delivered prepared remarks on the agency’s public inquiry into junk fees in mortgage closing costs.
CFPB Investiga Tarifas Inesperadas en Costos de Cierre | CFPB
La CFPB lanzó recientemente una solicitud pública de información sobre la existencia de tarifas inesperadas que aumentan los costos de cierre.
Prepared Remarks of CFPB Director Rohit Chopra on the Buy Now, Pay Later Press Call
CFPB Director Rohit Chopra delivered prepared remarks on an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers.
CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans
The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers.