New research brief from the Office of Servicemember Affairs on the financial well-being of veterans.
When buying a house, servicemembers have the option of taking a home loan guaranteed by the U.S. Department of Veterans Affairs (VA). In this report, we combine two datasets to explore how servicemember home loan choices have changed from 2006 to 2016.
we’re releasing our sixth annual report highlighting complaints from
servicemembers as well as emerging issues and continuing trends facing the
military community in the financial marketplace.
Assessing our rules: Our reports on the Ability to Repay and Qualified Mortgage Rule and the RESPA Mortgage Servicing Rule
The CFPB has released two reports assessing significant rules.
Natural disaster assistance is reported on a minority of credit records among potentially affected consumers
Recent natural disasters, such as Hurricane Harvey in 2017, have significantly impacted some consumers financially. In this report, the Bureau examines how natural disasters are reported in consumers’ credit reports.
The Bureau of Consumer Financial Protection released the findings of its assessment of the Remittance Rule, which provides protections to international money transfers. The report describes the Rule, the market, and the Bureau’s findings on the Rule’s effectiveness in meeting factors outlined in the Dodd-Frank Act.
BCFP released a new research report on the geographic patterns of credit invisibility. Consumers who are “credit invisible” have no credit histories. This is the third in a series of Bureau studies on consumers with limited credit histories.
More than 1-in-5 consumers had telecommunications-related collections on their consumer report in the past 5 years
Consumers typically pay for telecommunications services monthly, but most providers do not report to consumer reporting agencies unless an account is in collections. In this report, we explore how these debts are reported.
New research report detailing how borrowers are paying off their student loans, what they do after, and what it might mean for their personal finances and the broader economy.
Aggregate credit card borrowing exhibits end-of-year seasonal patterns which vary across different sets of consumers
This report finds that aggregate end-of-year consumer credit card borrowing roughly follows end-of-year retail expenditure patterns, with consumer borrowing experiences differing across consumers with different credit scores and different credit card utilization rates at baseline.