CFPB Launches Financial Well-Being Initiative Targeted To People With Disabilities
ROADS to Financial Independence Initiative Will Pilot in Six Communities Nationwide Today, the Bureau is announcing the launch of the Reach Outcomes...
Newsroom
CFPB and Florida Attorney General Obtain $27.7 Million Judgment Against Foreclosure Relief Scam Companies
Court Enters Judgment Against the Hoffman Law Group and Affiliates for Deceiving Consumers and Collecting Illegal Advance Fees; Individuals Involved to...
CFPB and Department of Justice Take Action Against Provident Funding Associates for Discriminatory Mortgage Pricing
Harmed African-American and Hispanic Borrowers Will Receive $9 Million Today, the Bureau and the Department of Justice (DOJ) filed a joint complaint against...
CFPB Launches Financial Coaching Initiative
Program Targets Transitioning Veterans and Economically Vulnerable Consumers Today the Bureau is launching its Financial Coaching Initiative, targeting...
CFPB Takes Action Against PayPal for Illegally Signing Up Consumers for Unwanted Online Credit
PayPal to Refund $15 Million to Consumers and Pay $10 Million Fine Today the Bureau filed a complaint and proposed consent order in federal court against...
CFPB Launches Public Inquiry Into Student Loan Servicing Practices
Bureau Seeks Information On Industry Practices That Can Create Student Debt Stress Today the Bureau is launching a public inquiry into student loan...
CFPB Takes Action to Obtain $120 Million in Redress from Sprint and Verizon for Illegal Mobile Cramming
Companies Will Also Pay $38 Million in Fines for Unauthorized Charges on Customers' Mobile Bills Today, the Bureau filed proposed orders in federal courts...
CFPB Provides Guidance to Help Lenders Avoid Discrimination Against Consumers Receiving Public Housing Assistance
Bureau Issues Bulletin on Fair Lending Practices Today, the Bureau is issuing a bulletin to help mortgage lenders avoid illegal discrimination against...
CFPB Files Suit Against Nationwide Biweekly for Luring Consumers with False Promises of Mortgage Savings
Consumers Paid $49 Million in Fees for Deceptive Mortgage Payment Program Today the Bureau filed a lawsuit in federal district court against Nationwide...
CFPB Report Finds 26 Million Consumers Are Credit Invisible
Bureau Also Finds That Black and Hispanic Consumers Are More Likely to Have a Limited Credit Record Today the Bureau published a report finding that 26...
CFPB Takes Action Against Property Developers for Marketing Violations
Bureau Orders Developer and Individuals to Repair Roads Today the Bureau took action against a land-development company, International Land Consultants...
Agencies Issue Final Rule on Minimum Requirements for Appraisal Management Companies
Joint Release: Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Consumer...
CFPB and State of Maryland Take Action Against “Pay-To-Play” Mortgage Kickback Scheme
Loan Officers and Former Title Company Executives Who Traded Cash and Marketing Services for Illegal Referrals Will Be Banned, Pay Redress and Penalties...
CFPB Fines Regions Bank $7.5 Million for Unlawful Overdraft Practices
Bank Refunds $49 Million in Illegal Fees to Consumers Who Did Not Opt-In to Overdraft Today the Bureau took action against Regions Bank for charging...
CFPB and Federal Trade Commission Take Action Against Green Tree Servicing for Mistreating Borrowers Trying to Save Their Homes
Green Tree to Pay $48 Million in Borrower Restitution and $15 Million Fine for Servicing Failures WASHINGTON, D.C.– Today, the Bureau and the Federal Trade...
CFPB Takes Action Against Military Allotment Processor for Charging Servicemembers Hidden Fees
Servicemembers Unknowingly Paid Millions in Fees to Fort Knox National Company and Military Assistance Company Today the Bureau is taking action against...
CFPB Finalizes Rule Aimed at Improving Credit Card Agreement Submission Process
Bureau to Temporarily Suspend Card Issuers' Obligation to Submit Credit Card Agreements Today the Bureau issued a final rule aimed at improving the way that...
CFPB Issues Guidance on Housing Counselor Requirement
Final Interpretive Rule Includes Additional Instructions for Providing Housing Counselor Information The Bureau today issued a final interpretive rule on...
CFPB and Navajo Nation Take Action to Stop an Illegal Tax-Refund Scheme
Defendants Would Pay a Total of $438,000 in Redress and another $438,000 in Civil Penalties Today, the Bureau announced that, together with the Navajo...
CFPB Takes Action Against Mortgage Lender for Deceptive Advertising
Bureau Orders RMK Financial to Pay $250,000 for Deceiving Borrowers with Claims of Government Affiliation Today the Bureau took action against RMK Financial...
CFPB Sues Participants in Robo-Call Phantom Debt Collection Operation
Bureau Also Obtains a Temporary Restraining Order to Halt Illegal Operation and Freeze Assets of Operation's Leaders The Bureau announced today that it has...
CFPB Launches Nationwide Effort to Advance Financial Education in Schools
CFPB Publishes Resource Guide for Policymakers Today, the Bureau announced that it is launching a nationwide effort to advance financial education in...
CFPB Announces New ‘Know Before You Owe’ Mortgage Shopping Toolkit
"Your Home Loan Toolkit" Will Help Consumers Be Informed Mortgage Shoppers The Bureau today released a new toolkit that guides consumers through the process...
CFPB Takes Action Against “Bad Check” Debt Collector
Nationwide Operation Deceptively Threatened Consumers with Criminal Prosecution and Jail Time for Writing Bounced Checks Today, the Bureau announced an...
CFPB Considers Proposal to End Payday Debt Traps
Proposal Would Cover Payday Loans, Vehicle Title Loans, and Certain High-Cost Installment and Open-End Loans Today the Bureau announced it is considering...