Blog

A joint fraud advisory from the CFPB and VA on how to avoid common VA home loan scams.

This post is the second in a series documenting trends in consumer credit outcomes during the COVID-19 pandemic. Since July 2020, consumers have transitioned out of assistance to varying degrees across all credit products, but a significant share of mortgage borrowers continue to receive assistance.

Many landlords are having trouble making ends meet during the pandemic when tenants can’t pay their rent. Learn more about emergency rental assistance and how it can help you and your tenants get through these difficult times.

Our digital toolkit provides media, intermediaries, and other stakeholders with the latest information and resources to help educate struggling renters and mortgage borrowers of their protections and relief options.

Learn how Buy Now, Pay Later products work and other important details to help you decide whether or not to use them for purchases.

The CFPB hosted a roundtable to discuss biases that come from home valuations, and explored how to remedy the problem.

We have notified companies that we will be paying particular attention to practices related to the accuracy of rental information in consumer reports. Learn how to protect yourself and how to take action if denied rental housing because of errors in your tenant screening reports.

This analysis investigates how characteristics of mortgages, borrowers, and lenders vary across AAPI subgroups, based on the 2020 Home Mortgage Disclosure Act (HMDA) data.

New research finds that over 2.8 million consumers have information on their business loans and other commercial credit products on their consumer credit reports. An examination of commercial and consumer credit also finds common inconsistencies in reporting practices and strategies, with the potential for significant implications for consumers.

July is Military Consumer Month, and we are partnering with the FTC and DoD on events throughout the month to spotlight key financial issues for the military community.

We have temporarily updated our rule for most mortgage servicers to require them ─ when they reach out to borrowers who are behind on their loans or in forbearance ─ to tell borrowers about their options to avoid foreclosure. Learn why you should contact your mortgage servicer if you’re struggling to make your payments.

The CDC just extended the eviction moratorium to July 31, 2021. If you still need help paying your rent, take action now. Our information can help you get started.

We continue to monitor the market to assess new and developing risks to consumers, and we share updated charts from our report that show an improving economic picture, yet sustained housing insecurity risk.

New Bureau research examines consumer credit trends through April 2021, finding little increase in delinquencies on credit cards, auto loans, mortgages, and student loans during COVID-19. Delinquency rates also remain lower than pre-pandemic levels, likely as a result of public and private interventions.

In this blog, we explain the data source and analytical approach, as well as key findings from the report ‘A Brief Note on General Lending Patterns of Small to Medium Size Closed-end HMDA Reporters’

We have information to help if you are concerned about eviction and the upcoming expiration of the CDC eviction moratorium. Stay informed about possible steps you need to take, available assistance, and questions you should ask.

Si le preocupa enfrentar un desalojo y que la moratoria del CDC termine, nosotros contamos con información para ayudarle. Esté informado acerca de cuáles pasos debe tomar, cuál asistencia hay disponible, y qué preguntas debería hacer.

Under the Regulatory Flexibility Act, Federal agencies must publish regulatory agendas twice a year. CFPB participates in the Unified Agenda process, which is led by the Office of Management and Budget (OMB).

Borrowing and lending money to family and friends is increasingly common during the pandemic. The Friends and Family Exchanges Toolkit is a resource for financial educators to support clients borrowing or lending money because of a financial emergency.

As Acting Director, my top priorities are to take bold and swift action to address issues of pervasive racial injustice and the long-term economic impacts of the COVID-19 pandemic on consumers.

The Bureau hosted its 5th Research Conference that highlighted recent research in consumer and household finance. The conference brought together members of the academic and policy research communities, including a keynote address by Raphael Bostic, President of the Federal Reserve Bank of Atlanta.

Today, we’re releasing our eighth annual report highlighting the activities of the Office of Servicemember Affairs as well as complaints and emerging issues facing the military community in the financial marketplace.

A new analysis in our Making Ends Meet survey series looks at how consumers use payday, auto title, and pawn loans. Use of these loans is persistent from year to year. Some consumers of these loans have lower cost credit available, while others lack access to other credit.

During May, which is Older Americans Month, and through June 15, World Elder Abuse Awareness Day, we’ll highlight resources to help older adults make sound financial decisions as they age, while avoiding fraud, scams and elder financial exploitation.

This blog highlights resources that servicemembers, military families and educators can use to teach children, teens, and young adults how to manage money.