We are accepting applications for our Advisory Committees
These advisory committees provide us with information about emerging trends and practices in the consumer financial marketplace. Apply today to become a member.
Blog
We are accepting applications for our Advisory Committees
These advisory committees provide us with information about emerging trends and practices in the consumer financial marketplace. Apply today to become a member.
Accepting applications for our Academic Research Council
We are accepting applications for membership on our Academic Research Council (ARC).
New research shows online payday loan borrowers rack up steep fees
We recently released a study about payments for online payday loans and other high-cost online loans and their effects on consumers. We found that online lenders’ repeated attempts to debit payments from a borrower’s checking account add significant costs to online payday loans.
Accepting applications for our Academic Research Council
We are looking to fill three additional seats on the Academic Research Council in 2016. The ARC was created as a technical advisory body of scholars to make sure that we hear from a variety of experts with diverse viewpoints, knowledge, and expertise.
Three things to do before closing: What we learned from studying eClosing
Today we’re releasing the results of a pilot program where we explored tools and process changes that can help consumers better navigate closing by accessing and signing their closing documents in different ways. Specifically, we examined what would happen if there was more technology involved in the mortgage closing process, with documents being delivered electronically earlier together with online tools and resources. The electronic delivery and signing of closing documents using electronic signatures is sometimes referred to as eClosing.
Spring 2015 rulemaking agenda
An important part of our mandate is to make rules more effective and create new rules when necessary. Today, we’re posting a semi-annual update of our rulemaking agenda as part of the federal government’s Unified Agenda of Regulatory and Deregulatory Actions.
Register for our research conference on consumer finance
Join us for the CFPB Research Conference on May 7-8, 2015. The conference will be focused on high-quality consumer finance research, with academic and government researchers presenting their research papers.
Save the date: Join us for an Academic Research Council meeting in Washington, D.C.
During this meeting, we’ll discuss trends in consumer finance research, the activities of consumer financial protection agencies in other countries, and recent publications produced by CFPB’s Office of Research.
Save the date: Join us for a Community Bank Advisory Council meeting in Washington, D.C.
Join us for a Community Bank Advisory Council meeting with Director Cordray where we will discuss credit scores and credit reporting and implications for community banks.