The distribution of credit score tiers shifted upward during the pandemic. Individuals in all credit score tiers were more likely to move up at least one tier or remain in their own tier during the pandemic, but upward mobility was especially improved for consumers with subprime credit scores.
Mortgage servicers have direct communication with homeowners. Servicers may remind homeowners that one option to avoid foreclosure is selling the home. Servicers may recommend homeowners speak with a real estate agent for a free estimate of the home’s current value. Servicers can also direct struggling homeowners to HUD-approved housing counseling agencies.
Today, the CFPB is releasing our updated Mortgage Servicing Examination Procedures, providing transparency to stakeholders about how we do our work.
As a result of the CFPB’s enforcement action against Wells Fargo Bank, customers of its auto loan, mortgage, and banking businesses could expect to receive payments that help make up for the bank’s illegal practices.
웰스파고(Wells Fargo) 은행에 대해 CFPB가 집행한 제재 조치의 결과로 해당 은행의 자동차 대출, 모기지 및 은행 업무를 이용하는 고객들은 불법 관행으로 인한 손해를 보전하는 데 도움이 되는 보상금을 받을 것으로 예상됩니다.
Bilang resulta ng aksyon ng pagpapatupad ng CFPB laban sa Wells Fargo Bank, maaaring asahan ng kanilang mga customer ng mga loan [AA1] para sa sasakyan, mortgage, at pagbabangko nito, na makatanggap ng mga kabayaran na tutulong sa pagbigay ng kompensasyon sa mga ilegal na gawain ng bangko.
由於消費者金融保護局（CFPB）對 Wells Fargo 銀行採取的執法行動，該銀行的汽車貸款、抵押貸款和銀行業務的客戶有望收到付款，以幫助彌補該銀行犯下的非法行為。
نتيجة لإجراءات الإنفاذ التي اتخذها مكتب الحماية المالية للمستهلكين CFPB ضد مصرف Wells Fargo، قد يتوقع عملاء قروض السيارات والرهون العقارية والأعمال المصرفية تلقي مدفوعات تساعد في تعويضهم عن الممارسات غير القانونية للمصرف.
Conozca las bases de nuestra acción contra Wells Fargo, cuáles clientes fueron afectados, y cuáles prácticas violaron la ley federal.
В результате правоприменительных мер, наложенных CFPB на Wells Fargo Bank, его клиенты, получавшие услуги в области автокредитования, ипотеки и банковского бизнеса, могут получить выплаты с целью возмещения ущерба, причиненного незаконными действиями банка.
Do hành động thực thi của CFPB đối với Ngân Hàng Wells Fargo, khách hàng của các dịch vụ cho vay mua ô tô, thế chấp và ngân hàng của Wells Fargo có thể mong đợi nhận được các khoản tiền, giúp bù đắp cho các thông lệ bất hợp pháp của ngân hàng.
Akòz mezi CFPB pran yo kont Wells Fargo Bank pou fè respekte lalwa, kliyan biznis prè pou achte machin, prè pou achte kay, ak jesyon bankè li yo ta ka atann pou yo resevwa peman k ap ede konpanse pratik ilegal bank la.
This week, the CFPB filed a friend-of-the-court brief to ensure people have access to legal protections for their government benefit prepaid cards.
The CFPB’s supervisory activities may help entities identify issues before they become systemic or cause significant harm. Here’s what newly supervised institutions can expect from a supervisory relationship with the CFPB.
The past two years of high inflation have been difficult for renters. A substantial percentage of renters missed rent payments, and relatively few renters who missed payments found assistance. Additionally, we show that the transition to homeownership has slowed markedly in the past year. Notably, Black and Hispanic families were less likely than non-Hispanic white families to get a mortgage when interest rates were low.
Cuando las tasas de interés son las más altas de los últimos 20 años, los propietarios de viviendas muy probablemente recibirán ofertas, o buscarán alternativas de hipotecas con tasa fija, que les ayuden a reducir sus pagos hipotecarios mensuales.
With mortgage interest rates elevated to levels not seen in many years, homebuyers are more likely to be offered, or seek out, alternatives to fixed-rate mortgages to help lower their monthly mortgage payments. Mortgage applicants should be aware of how these programs work to select the best option for their financial situation.
El fondo de JPay de $4 millones para reparaciones está siendo distribuido entre los consumidores afectados desde el 14 de diciembre del 2022.
JPay violated the Consumer Financial Protection Act (CFPA) by charging consumers fees to access their own money on prepaid debit cards that consumers were forced to use. Eligible consumers may receive a check in the mail, or they can submit a claim online.
Distribuiremos más de $95 millones en reparaciones a más de 87,000 consumidores perjudicados por una operación de alivio de deuda de préstamos estudiantiles, manejada por la empresa Consumer Advocacy Center Inc., conocida como Premier Student Loan Center, y sus compañías relacionadas.
The CFPB will distribute over $95 million in redress to over 87,000 consumers harmed by a student loan debt relief enterprise operated by Consumer Advocacy Center Inc., d/b/a Premier Student Loan Center, and related companies.
Los consumidores recibirán cheques provenientes de nuestra acción de cumplimiento de ley contra cinco compañías de alivio de deuda de préstamos estudiantiles, asociadas a Monster Loan y Tech Loans, por violar leyes de protección al consumidor
Consumers will receive checks in the mail from the CFPB’s enforcement action against five student loan debt relief companies.
Learn about steps you can take to protect caregivers from nursing homes and debt collectors who may be billing and suing caregivers for residents’ cost of care based on illegal admission contracts.
Estamos trabajando junto a gobiernos municipales y condales para identificar y enfrentar el daño financiero a sus habitantes.
