Newsroom
Today, the Bureau announced that it is partnering with national and local organizations across the country to train social services staff to provide...
The Bureau and 13 state attorneys general obtained approximately $92 million in debt relief from Colfax Capital Corporation and Culver Capital, LLC, also...
Today, the Bureau proposed a rule to improve information reported about the residential mortgage market. The rule would shed more light on consumers' access...
The Bureau, the Federal Trade Commission (FTC), and 15 states announced a sweep against foreclosure relief scammers that used deceptive marketing tactics to...
Along with other cases from federal and state partners, today we charged that mortgage rescue scammers have taken $25 million in illegal advance fees from consumers. It serves as a reminder of how important it is to watch out for scam artists trying to take advantage of people who need help avoiding foreclosure. Read more to learn how to protect yourself from these scams.
Thank you for joining us on the call today and my thanks to Katie Fallow at the FTC for her and her staff's hard work on this issue. Today, both the Bureau...
By
Richard Cordray
Nonbank Products Include Debt Settlement and Credit Repair Services, Pawn and Title Loans The Bureau is now accepting complaints from consumers encountering...
It is indeed an extreme pleasure to be able to experience the true nature of summer here in El Paso in the middle of July. And it is also a pleasure to...
By
Richard Cordray
Today, the Bureau is proposing a new policy that would empower consumers to publicly voice their complaints about consumer financial products and services...
Georgia Firm Relies on Deceptive Court Filings and Faulty Evidence to Churn Out Lawsuits Today, the Bureau filed a lawsuit in a federal district court...
Today, the Bureau is issuing guidance regarding mortgage brokers transitioning to a "mini-correspondent" lender model. The CFPB is concerned that some...
Today, the Bureau took enforcement action against ACE Cash Express, one of the largest payday lenders in the United States, for pushing payday borrowers...
Thank you for joining us on today's call. Today we are announcing that we have resolved an investigation and are entering an order against one of the...
By
Richard Cordray
The economist John Maynard Keynes was once asked what interest is. He replied simply and directly: "If I let you have a halfpenny and you kept it for a very...
By
Richard Cordray
Today, the Bureau is issuing an interpretive rule to clarify that when a borrower dies, the name of the borrower's heir generally may be added to the...
Thank you for joining us on this call today. Today, the Bureau is ordering GE Capital Retail Bank, now known as Synchrony Bank, to provide $225 million in...
By
Richard Cordray
Today, the Bureau released a guide to help assisted living and nursing facility staff better protect the people in their care by preventing and addressing...
The Bureau is ordering GE Capital Retail Bank (GE Capital), now known as Synchrony Bank, to provide an estimated $225 million in relief to consumers harmed...
I would like to thank Dr. Maria Sheehan, President of Truckee Meadows Community College for having us here today. And thank you all for coming to this...
By
Steve Antonakes
Chairman Hensarling, Ranking Member Waters, and Members of the Committee, thank you for inviting me to testify today about the Semi-Annual Report of the...
By
Richard Cordray
Today, the Bureau, Department of Justice (DOJ), Department of Housing and Urban Development (HUD), and attorneys general in 49 states and the District of...
Thank you for joining us today. It is great to be in Rhode Island. And it is great to be here with Senator Reed, a true friend of the Bureau who not only...
By
Richard Cordray
Bureau Orders New Jersey Title Company to Pay $30,000 for Illegal Kickback Scheme Today, the Bureau ordered a New Jersey company, Stonebridge Title Services...
We are glad to be in New Orleans today, a vibrant city of many different proud cultures. As it has been said, this city is "like a big musical gumbo." I am...
By
Richard Cordray
Today, the Bureau announced it is launching an inquiry into the opportunities and challenges associated with the use of mobile financial services. As part...