A message from Director Cordray
Updated on May 22, 2014 Today, in addition to two bulletins putting companies on notice about harmful debt collection practices, we’re also releasing new tools for consumers: Action letters for consumers to consider using in corresponding with debt collectors and debt collection complaints. Many collection firms play by the rules and treat consumers fairly, but […]
Today, we are announcing our new Regulatory Implementation page which consolidates all of our new 2013 mortgage rules and related implementation materials. This is an effort to support rule implementation and ensure that industry is ready to comply with the new borrower protections.
Today, we issued a final rule clarifying and making technical amendments to the 2013 Escrows Final Rule issued by the Bureau this past January. This is the first final rule in connection with our planned issuances to clarify and provide additional guidance about the mortgage rules we issued in January. It is based on a […]
On consumerfinance.gov/es, you can find answers, in plain-language Spanish, to consumers’ most common questions. It’s also our first responsive site – it works beautifully on mobile devices as well as on desktops – in response to research that shows two-thirds of Latinos who are online tend to access the Internet from a mobile device. Read more about our tools in Spanish.
En consumerfinance.gov/es, usted podrá encontrar respuestas a las preguntas más comunes de los consumidores en un lenguaje claro y sencillo. También es nuestro primer sitio web ajustable – ya que funciona muy bien en los teléfonos móviles, así como en los computadores – una investigación indicó que dos tercios de los latinos que están en línea tienden a acceder el internet desde un teléfono móvil. Esto es sólo el comienzo – queremos seguir ampliando para incluir más recursos y herramientas en otros idiomas para que podamos llegar a muchas personas lo más efectivamente que sea posible.
We’re excited to host a twitter chat about older Americans and money on May 9, 2013, from 3-4 p.m. EDT. To participate, tweet questions with the hashtag #MoneyTalk and follow us @CFPB.
Proposed delay in effective date for Regulation Z provision prohibiting financing of credit insurance
In January, we issued several new mortgage rules under the Dodd-Frank Act. Most of these rules take effect in January 2014, but a few provisions are scheduled to take effect on June 1 of this year. This week we issued a proposal that seeks comment on whether to delay the June 1 effective date with […]
Earlier this week, we hosted a Twitter chat along with Kids.gov. Financial experts, authors, and parents joined the #MoneyTalk and shared ideas and resources for talking to kids about money.