Newsroom
Thank you all for joining us. Today we are announcing that the Consumer Bureau is taking its first enforcement action against discriminatory auto lending...
By
Richard Cordray
Ally to Pay Additional $18 Million in Civil Penalties for Harming More Than 235,000 Minority Borrowers.
Today the Bureau, authorities in 49 states, and the District of Columbia are filing a proposed court order requiring the country's largest nonbank mortgage...
By
Richard Cordray
Largest Nonbank Servicer Will Also Refund $125 Million to Foreclosure Victims and Adhere to Significant New Homeowner Protections Today, the Bureau...
Six federal financial regulatory agencies announced today that they are extending the comment period for their proposed policy statement for assessing...
Materials Offer Consumers Tips on Taking Advantage of New Protections Today, the Bureau launched a campaign to educate the public about the new protections...
Bureau Finds a Continued Decline in College Credit Card Agreements Today, the Bureau called on financial institutions to publicly disclose agreements with...
Today the Bureau took its first action against an online loan servicer, CashCall Inc., its owner, its subsidiary, and its affiliate, for collecting money...
Today the Bureau is filing its first online lending lawsuit. We believe that CashCall, WS Funding, and Delbert Services, along with J. Paul Reddam, who owns...
By
Richard Cordray
Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of...
Today, the Bureau released preliminary research on the use of arbitration clauses in connection with consumer financial products and services. The research...
Thank you for joining us here today in Dallas. Every month or so we try to hold an event outside of Washington, D.C., with the purpose of learning...
By
Richard Cordray
Today the Bureau is ordering GE Capital Retail Bank and its subsidiary, CareCredit, to refund up to $34.1 million to consumers who were victims of deceptive...
By
Richard Cordray
More than 1 Million Consumers Were Potential Victims of Misleading Practices Today the Bureau is ordering GE Capital Retail Bank and its subsidiary...
The Consumer Federation of America has been one of our foremost and fiercest allies for consumers. I would like to thank everyone here for your leadership...
By
Richard Cordray
The Bureau issued a rule today that allows the Bureau to supervise certain nonbank student loan servicers for the first time. The rule brings new oversight...
Thank you for joining us on this call today. John F. Kennedy once noted that economic growth requires "the maximum development of every young American's...
By
Richard Cordray
Prepared Remarks of Richard Cordray Director of the Bureau The Clearing House Annual Conference November 21, 2013 Thank you so much for having me here...
By
Richard Cordray
Prepared Remarks of Richard Cordray Director of the Bureau "Know Before You Owe" Mortgage Field Hearing Boston, MA November 20, 2013 The dream of having a...
By
Richard Cordray
Cash America to Refund up to $14 Million for Robo-Signing and Illegally Overcharging Servicemembers The Bureau today took its first enforcement action...
New Forms Improve Consumer Understanding, Aid Comparison Shopping, and Help Prevent Surprises The Bureau is issuing a rule today requiring easier-to-use...
Chairman Rockefeller, Ranking Member Thune, and distinguished Members of the Committee, I'd like to thank you for the opportunity to speak with you today...
By
Holly Petraeus
Welcome to this call to discuss a new report from the Bureau on financial education. I'm Camille Busette, Assistant Director of the Office of Financial...
By
Camille Busette
Today, the Bureau published a report analyzing the amount of money spent on providing financial education to consumers and the amount spent trying to...
Thank you for joining us on this call. Today we are talking about financial education, which is a topic that I believe is of the utmost importance for the...
By
Richard Cordray
