Newsroom
The Dodd-Frank Wall Street Reform and Consumer Protection Act, which created the CFPB, requires that a Consumer Advisory Board be established to advise and...
Today, the Senate Health, Education, Labor, and Pensions (HELP) Committee released data which revealed that education benefits administered by the...
As part of that inquiry, the CFPB is seeking public input on a prototype "penalty fee box" – a disclosure on a consumer's checking account statement that...
The review panel will solicit feedback from small businesses that make mortgage loans and conduct mortgage closings.
"Our proposed rule would mean that those debt collectors and credit reporting agencies that qualify as larger participants are subject to the same...
"This draft statement shows consumers the breakdown of their mortgage payments – what money goes to the loan principal, interest, and fees," said CFPB...
"The provisions relating to the Servicemembers Civil Relief Act (SCRA) in this agreement will help ensure that members of the military won't be denied...
The settlement will provide $25 billion in financial relief to distressed homeowners and establish new servicer standards of conduct.
The Repeat Offenders Against Military (ROAM) Database will track completed enforcement actions against companies and individuals who repeatedly scam...
"Entering this agreement with the FTC is important to making sure markets for consumer financial products are getting efficient and effective federal...
Under the new rule, remittance transfer providers will generally be required to disclose the exchange rate and all fees associated with a transfer so that...
The hearing coincides with the publication of the Bureau's Short-Term, Small-Dollar Lending Procedures – a field guide CFPB examiners will use to make sure...
Last week, under the new leadership of Director Richard Cordray, the CFPB launched the nation's first federal nonbank supervision program with the authority...
These procedures are a field guide for CFPB examiners looking at mortgage originators in both the bank and nonbank sectors of the industry.
CFPB Director Richard Cordray today named Raj Date the agency's first Deputy Director. Date has been leading the day-to-day...
This will be an extension of the CFPB’s bank supervision program that began last July and will ensure that banks and nonbanks follow federal consumer financial laws.
The CFPB is welcoming information about potential violators from current or former employees, contractors, vendors, and competitor companies. The Dodd-Frank...
Today, at a news conference in Cleveland, Ohio, the Bureau launched a new Know Before You Owe project aimed at simplifying credit card agreements so that...
"The goal of our consumer fraud alert is to empower homeowners with the knowledge of how to recognize and avoid these scams," said Christy Romero, Deputy...
The CFPB is using the information learned in the first few months of credit card complaints to help identify problems in the market. After careful analysis...
The Notice and Request for Information issued by the CFPB asks the public to identify provisions of the inherited regulations that the agency should make...
Under section 1025 of Dodd-Frank, the Bureau has exclusive authority to examine for compliance with federal consumer financial laws and primary authority to...
Private student loans are financial products used for higher education that are not originated through the federal student loan program. Many students...
The CFPB today announced the hiring of eight experts for key senior leadership positions within the agency.
Today, the Bureau announced the second phase of its Know Before You Owe mortgage project, which will combine the two forms consumers get before finalizing a...