Newsroom | Consumer Financial Protection Bureau

Press release

Published APR 24, 2024

CFPB Takes Action to Stop Illegal Junk Fees in Mortgage Servicing

The Consumer Financial Protection Bureau (CFPB) published an edition of Supervisory Highlights describing the agency’s actions to combat junk fees charged by mortgage servicers.

Press release

Published APR 17, 2024

CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs

The CFPB issued an order against BloomTech and its CEO for deceiving students about the cost of loans and making false claims about graduates’ hiring rates.

Press release

Published APR 17, 2024

CFPB toma acción contra BloomTech y Austen Allred

CFPB demanda al centro de entrenamiento intensivo BloomTech y a su gerente general Austen Allred, por ocultar costos de préstamos y engañar a sus estudiantes sobre índices de empleo.

Press release

Published APR 16, 2024

CFPB Updates Supervision Designation Procedures

The Consumer Financial Protection Bureau (CFPB) issued a procedural rule to update how the agency designates a nonbank for supervision.

Supervision

Press release

Published APR 08, 2024

CFPB Finds Violations of Credit Report Accuracy Requirements, Including for Survivors of Human Trafficking

The CFPB today published an edition of Supervisory Highlights to share key findings from recent examinations about continuing accuracy problems in the credit reporting system.

Press release

Published APR 08, 2024

CFPB revela violaciones a requisitos de reporte de crédito | CFPB

CFPB publica edición de su Reporte de Supervisión mostrando datos claves encontrados en evaluaciones recientes sobre los continuos problemas con la exactitud del sistema de reporte del crédito.

Press release

Published APR 05, 2024

CFPB Finds Americans are Paying Upfront Fees Seeking to Lower Interest Rates on Mortgages

The CFPB issued a new report today finding that more borrowers paid “discount points” upfront as overall interest rates rose.

Press release

Published APR 05, 2024

CFPB revela que se están pagando tarifas para reducir tasas de interés | CFPB

CFPB publica nuevo reporte donde revela que más prestatarios pagaron por “punto de descuento” mientras las tasas de interés aumentan.

Press release

Published APR 04, 2024

Reporte de CFPB Identifica Riesgos en Video Juegos | CFPB

La CFPB emite reporte examinando el crecimiento del comercio digital dentro de juegos de videos y mundos virtuales online.

Press release

Published APR 04, 2024

CFPB Report Identifies Financial and Privacy Risks to Consumers in Video Gaming Marketplaces

The CFPB issued a report examining the growth of digital commerce in online video games and virtual worlds.

Press release

Published MAR 27, 2024

CFPB Toma Acción para Detener Falsa Promesas de Transferencias Internacionales de Dinero “Gratis”

La CFPB les advierte a los proveedores de transferencias de remesas no hacer falsas declaraciones sobre el costo y la velocidad de sus servicios.

Press release

Published MAR 27, 2024

CFPB Takes Action to Halt False Claims of 'Free' International Money Transfers

The Consumer Financial Protection Bureau issued a new circular warning remittance transfer providers that false advertising about the cost or speed of sending a remittance transfer can violate federal law.

Press release

Published MAR 26, 2024

CFPB Joins Federal and State Agencies in Coordinated Statements on Tech & Enforcement

Today, a number of federal and state agencies released agency-specific action statements on tech capacity.

Technologist

Press release

Published MAR 26, 2024

2023 HMDA Data on Mortgage Lending Now Available

The Home Mortgage Disclosure Act (or "HMDA") Modified Loan Application Register (or "LAR") data for 2023 are now available on the Federal Financial Institutions Examination Council’s (or "FFIEC") HMDA Platform for HMDA filers.

Press release

Published MAR 05, 2024

CFPB Prohíbe el Cobro de Excesivas Penalidades por Atraso en Tarjetas de Crédito, la Tarifa Típica Baja de $32 a $8

La CFPB finalizó hoy una normativa que corta el cobro de excesivas penalidades por atraso en tarjetas de crédito al cerrar un vacío legal, explotado por los grandes emisores de las mismas.

Press release

Published MAR 05, 2024

CFPB Bans Excessive Credit Card Late Fees, Lowers Typical Fee from $32 to $8

The Consumer Financial Protection Bureau (CFPB) ) finalized a rule today to cut excessive credit card late fees by closing a loophole exploited by large card issuers.

Press release

Published FEB 29, 2024

CFPB Emite Directrices para Regir los Resultados Arreglados de Comparaciones de Tarjetas de Crédito y Otros Productos Financieros

CFPB explica como las compañías que operan herramientas de comparación de productos financieros, pueden violar la ley cuando favorecen a ciertos productos o prestamistas, porque reciben comisiones por ello.

Press release

Published FEB 29, 2024

CFPB Issues Guidance to Rein in Rigged Comparison-Shopping Results for Credit Cards and Other Financial Products

The CFPB explained how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or lenders because of kickbacks.

Press release

Published FEB 23, 2024

CFPB Orders Federal Supervision for Installment Lender Following Contested Designation

The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over installment lender World Acceptance.

Press release

Published FEB 16, 2024

CFPB Report Finds Large Banks Charge Higher Credit Card Interest Rates than Small Banks and Credit Unions

The Consumer Financial Protection Bureau (CFPB) today reported on the first set of results from the newly updated Terms of Credit Card Plans survey.

Press release

Published FEB 16, 2024

CFPB Issues Revised Supervisory Appeals Process

The Consumer Financial Protection Bureau (CFPB) issued a procedural rule updating the process by which financial institutions can appeal supervisory findings.

Supervision

Press release

Published FEB 12, 2024

FFIEC Issues Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending

FFIEC Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending

Press release

Published FEB 08, 2024

CFPB Secures $12 Million From Ringleaders of Foreclosure Relief Scam

The Consumer Financial Protection Bureau resolved an appeal in a long-running enforcement suit against a foreclosure relief scam operation for $12 million.

Press release

Published FEB 08, 2024

CFPB Recupera $12 Millones de Jefes de una Estafa con Alivio de Ejecución Hipotecaria

CFPB resuelve apelación en una demanda por $12 millones que tenía tiempo en proceso, contra una operación de estafa con alivio de ejecución hipotecaria.

Press release

Published JAN 24, 2024

CFPB Proposes Rule to Stop New Junk Fees on Bank Accounts

The Consumer Financial Protection Bureau proposed to block financial institutions from one potential source of new junk fee revenue – fees on instantaneously declined transactions.