Today we are proud to launch a new set of updates for consumerfinance.gov. These changes will help users quickly and easily browse the vast range of information, tools, and reports that we provide.
We participated in multiple National Day of Civic Hacking events this year, with CFPB staff attending events in Washington D.C., Philadelphia, Oakland, Calif. and Burlington, Vt. During the event, participants provided input on our CFPB Owning a Home website and analyzed our public Consumer Complaint Database and our public Home Mortgage Disclosure Act (HMDA) Database.
If you believe you have the right to free, unbiased financial information, you are not alone – because at the Consumer Financial Protection Bureau, we agree. It’s our job to provide you with reliable, trustworthy information about the consumer financial marketplace. So, in the past four years we’ve worked hard creating online tools to inform your financial decisions that are truly free – no charges, no ads, no referral fees.
This expansion builds on the success of last year’s launch of Your Money, Your Goals. Since then, we’ve trained over 2,000 frontline staff in both public and private non-profit social service organizations.
In the six months since we announced the release of Your Money, Your Goals: A Financial Empowerment Toolkit for Social Services Programs, organizations across the country have been at work equipping frontline social services staff to use its information and tools to help their clients learn financial decision-making skills. This comprehensive guide to empowered financial decision-making covers topics like budgeting daily expenses, managing debt, and avoiding financial tricks and traps.
This week, we’re launching our latest effort to help you navigate the market, ask the questions, and take the steps that will help you to find the mortgage that’s right for you. We’re calling it Owning a Home.
During the event, we participated and watched representatives from traditionally disconnected groups work together on some of the most pressing issues facing the local and federal government. We asked participants to analyze our public Consumer Complaint Database and our Home Mortgage Disclosure Act Database.
The fellowship is a two year program for developers, designers, data specialists, and cybersecurity professionals who want to further our mission of making financial products and services work for consumers. If you’re ready to serve the public and help us build amazing things, learn more and apply now.
As part of the eRegulations tool, we’re launching an intuitive, easier-to-navigate electronic format of Regulation Z, which implements the Truth in Lending Act. Regulation Z is the flagship federal regulation protecting consumers when it comes to credit products.
Every complaint helps us in our work to supervise companies, enforce federal consumer financial laws, and write better rules and regulations. You speaking up gives us important insight into the issues you face as a consumer, so thank you!