We aim to root our work in research and experience from the people we serve. We are excited to unveil our homepage redesign, based on feedback from dozens of people.
The Consumer Financial Protection Bureau has a launched a new initiative to focus on financial issues facing rural America. Our effort will initially focus on rural banking deserts, discriminatory and predatory agricultural credit, and manufactured housing.
In response to concerns from workers about financial risk and harm from employers, the CFPB is looking into the consumer financial products or services that workers face in the workplace.
As the economy recovers, the CFPB is closely monitoring auto lending to ensure the market is fair, transparent, and competitive – and is working for American consumers.
The CFPB joins with other regulators in asking The Appraisal Foundation to clearly instruct appraisers about the federal law forbidding appraisal discrimination.
From 2018 to 2020, the CFPB estimates that Americans paid roughly $120 billion per year in credit card interest and fees. That works out to about $1,000 per year for every American household.
This week CFPB partnered with other agencies to oppose a dangerous threat to our nation’s civil rights laws, specifically related to the Equal Credit Opportunity Act, or ECOA.
The CFPB encourages programmers, data scientists and others with knowledge of the algorithms and technologies used by companies, and who know of potential discrimination or other misconduct within our authority, to report it to the CFPB.
Today, I was sworn in as Director of the CFPB. I am honored to lead this organization, which plays an essential role within the Federal Reserve System.
As part of CFPB’s continued effort to combat housing insecurity and promote racial equity, the Bureau is partnering with the Department of Housing and Urban Development to lead a tech sprint on post-pandemic housing challenges.
The COVID-19 pandemic has made it difficult for renters and landlords to cover housing costs. Our Rental Assistance Finder allows people to search for help with rent, utilities, and moving costs.
CFPB digital media toolkit supports stakeholders in spreading the word around COVID-19 protections and relief options available to struggling renters and mortgage borrowers.
Borrowing or lending money to family and friends is common, especially during COVID-19. View our practitioner guide to helping clients create or change financial exchanges.
CFPB releases results from its first tech sprints to identify innovations and improvements in the way we use technology to create transparent, equitable, and fair financial markets.
Servicers are trying several techniques to reach struggling homeowners affected by the COVID-19 pandemic. Millions 0f homeowners need help understanding their options, and the volume of homeowners requesting assistance in the coming months will be increasing and good communication with their servicer will be vital.
These advisory committees provide us with information about emerging trends and practices in the consumer financial marketplace. Apply today to become a member.
Consumers who are of limited English proficiency face unique challenges in learning about and accessing financial services. Watch our webinar to learn how CFPB is working to make our resources accessible to everyone.
By
Desmond Brown,
Keo Chea,
and
Frank Vespa-Papaleo
We’re pleased to announce the release of the Elder Fraud Prevention and Response Networks Development Guide to help stakeholders bring community members together in the fight against elder financial exploitation.