We’re listening
As we work to ensure a consumer bureau that's responsive to today's most pressing problems, we've made it a priority to keep one foot firmly planted outside...
Blog
Help for struggling military homeowners
Military families throughout the country are not immune to the ongoing housing crisis.
Seeing servicemembers as “dollar signs in uniform”
This morning, The New York Times published an op-ed by Holly Petraeus, our Assistant Director for Servicemember Affairs. She describes how for-profit...
Lessons we’ve learned
Yesterday, Raj Date spoke in Philadelphia about the lessons of the 2008 financial crisis for the consumer bureau. Before taking questions from the audience...
Live from Philadelphia
Welcome to the first CFPB livestream! (This live event has concluded. You can watch a recording from the event or read Raj’s full remarks.)
The CFPB: Applying the lessons of the financial crisis
This Thursday afternoon, we're hosting an event in Philadelphia where Raj Date and local leaders will discuss the lessons learned from the mortgage market...
Know Before You Owe: And now for something completely different…
In the first three rounds of Know Before You Owe, we asked you to compare different draft versions of a simplified mortgage disclosure form. Round 1 was...
Co-signing on campus?
Credit card issuers and private student lenders have long had a presence at America's colleges and universities. In fact, there are more than 1,000 special...
Promoting openness in CFPB rulemaking
Public participation is essential to CFPB's rulemaking process. We firmly believe that input from consumers, industry, and other interested parties will...
Coordinating Consumer Complaints
The Dodd-Frank Act requires the CFPB to share consumer complaint information with the FTC and other state and federal agencies. The goal is to make sure...
On Our Way
Last time, we talked about the mission of the Office of Servicemember Affairs. Now I'd like to tell you a little about the work the Office of Servicemember...
Military advocates on duty
On July 21st, our mission officially began. We're ready to carry out our orders – to protect military consumers and their families from illegal financial...
Know Before You Owe: Weigh in now!
In May, we introduced the Know Before You Owe project to give consumers, lenders, and other industry participants a way to help us make mortgage shopping...
Mortgage disclosures are getting better, thanks to you.
On July 21st, the Bureau opened its doors for business. That means that we have started taking your credit card complaints, and initiated the supervision...
Keeping a good credit score
Credit scores are important for consumers. They affect the rate of interest on a mortgage, credit card, or auto loan and can even play a role in whether you...
A consumer-centered supervision program
Yesterday, we began operation of what will be the largest function within the CFPB: Supervision. As part of this effort, Special Advisor to the Secretary of...
Preserving a level playing field and access to mortgages
Today, the CFPB is issuing an interim rule effective immediately to fill a regulatory gap. Some lenders are chartered or licensed by states, while others...
A Strong Foundation
One year ago, Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which created this new Consumer...
The CFPB and JAGs: partnering to protect servicemembers
The Bureau and the Judge Advocate Generals of the United States Army, Marine Corps, Navy, Air Force, and Coast Guard yesterday announced an agreement on a...
Reaching out for Input: Help Us Define “Larger Participants.”
Today and tomorrow, we will be meeting with nearly 100 organizations from across the country to hear their views about an important building block for our...
Get Ready to Conquer Your Student Loans
More than two-thirds of students who go to college borrow money to pay for it. The average graduating senior has over $23,000 in student loan debt. As we...
Know Before You Owe: We’re Back!
Last month, we introduced the Know Before You Owe project to give consumers, lenders, and other industry participants a way to help us make mortgage...
Mortgage Disclosure Is Heating Up
Previously, we talked about participation by people from locations all over the country in the Know Before You Owe project. Today, we want to share some...
13,000 Lessons Learned
As you might recall, the Dodd-Frank Act instructed the CFPB to replace the Truth in Lending form and the Good Faith Estimate with a single integrated mortgage disclosure.
Explainer: What is a nonbank, and what makes one “larger”?
Dear CFPB, I noticed you posted a request for public comments on "larger participants" for your "nonbank supervision" program. I don't understand what this...