Newsroom

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...

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...

Today, the Bureau announced it is launching an inquiry into the opportunities and challenges associated with the use of mobile financial services. As part...

The Bureau is the nation's first federal agency with the sole focus of protecting consumers in the financial marketplace. Financial products like mortgages...

Thank you for the opportunity to speak with you today. I know that both those of us at the Bureau and those of you here today share common goals: a strong...

My name is Rohit Chopra, and I serve as an Assistant Director at the Bureau, where I lead an office that focuses on issues facing students and young...

Across the country, the agencies that form this Commission have been working, both alone and together, to promote and encourage opportunities to incorporate...

Today the Bureau ordered RealtySouth, the largest real estate firm in Alabama, to pay $500,000 for inadequate disclosures that could leave consumers unaware...

Overall CFPB Supervision Activities Return More than $70 Million to 775,000 Consumers The Bureau today issued a report highlighting illegal actions...

Study Finds Credit Scores Underestimate Creditworthiness for Consumers Who Owe and Repay Medical Debt Today the Bureau released a research report that found...

Today the Bureau is releasing a study on how the collection of medical debt affects a consumer's credit score. What we found is that consumers' credit...

Thank you for having me here today. I am very pleased to be able to join so many experts in consumer finance, a field whose interdisciplinary nature...

Today, the U.S. Department of Justice announced an enforcement action against Sallie Mae (also known as Sallie Mae Bank and Navient Solutions), the largest...

I am glad to be with you today and to have the chance to reflect further on some of the changes that have followed the most damaging and frightening...

CFPB Issues Advisory about Managing Mortgage Debt in Retirement Today, the Bureau released a snapshot report spotlighting the mortgage debt challenges faced...

Rule Would Benefit Companies That Limit Consumer Data-Sharing The Bureau today proposed a rule to promote more effective privacy disclosures from financial...

Bureau Publishes Action Letters for Child Welfare Caseworkers to Send to Credit Bureaus The Bureau today took action to better protect children in the...

Proposal Would Assist Nonprofits and Allow for Refunds of Excess Points and Fees for Qualified Mortgages Today, the Bureau is proposing minor adjustments to...

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray issued the following statement responding to news that BMO Harris Bank plans to pay auto dealers a flat percentage of the loan amount to compensate dealers for originating indirect auto loans.

Thank you all for joining us today. We have convened this forum to discuss one of the most significant, yet stressful times in the lives of consumers –...

The Consumer Financial Protection Bureau (CFPB) published a report which finds that many consumers are frustrated by the short amount of time they have to review a large stack of complex closing documents when finalizing a mortgage.

Today, we released a report that describes complaints we received related to the private student loan industry’s practice of placing borrowers in default even when their loans are current and in good standing. Take a look at our consumer advisory and sample letters for borrowers and co-signers.

Today the Bureau Student Loan Ombudsman released a report highlighting complaints of "auto-defaults" in private student lending. Borrowers report that some...