Newsroom
The CFPB filed a proposed order that would require Freedom Mortgage Corporation to pay a $3.95 million penalty for submitting error-riddled mortgage loan data.
The CFPB filed an order to resolve its lawsuit against James R. and Melissa C. Carnes for fraudulent transfers to avoid paying restitution and penalties.
La CFPB introduce orden para resolver su demanda contra James R. y Melissa C. Carnes por hacer transferencias fraudulentas para evitar pagar reparaciones y multas.
Since the creation of the CFPB, the agency has returned $20.7 billion to consumers through law enforcement activity and created unquantifiable returns for the over 205 million Americans harmed by the illegal practices that we have stopped.
By
Rohit Chopra
Since the creation of the CFPB, the agency has returned $20.7 billion to consumers through law enforcement activity and created unquantifiable returns for the over 205 million Americans harmed by the illegal practices that we have stopped.
By
Rohit Chopra
Today, the CFPB proposed a rule that would remove medical bills from most credit reports, increase privacy protections, help to increase credit scores and loan approvals, and prevent debt collectors from using the credit reporting system to coerce people to pay.
Research from the Consumer Financial Protection Bureau in 2022 showed that medical collections tradelines appeared on 43 million credit reports, and that 58 percent of bills that were in collections and on people’s credit records were medical bills.
By
Rohit Chopra
CFPB propone normativa que removería facturas médicas de los informes de crédito, aumentaría protecciones a la privacidad, ayudaría al aumento de los puntajes crediticios y del número de préstamos aprobados, y prevendría que cobradores usen el sistema de reporte del crédito como arma para forzar a la gente a pagar.
CFPB finaliza normativa delineando las calificaciones para el establecimiento de las organizaciones que desarrollarán los estándares de la banca abierta.
Today, the CFPB finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use to help them comply with the CFPB’s upcoming Personal Financial Data Rights Rule.
La CFPB publica circular advirtiendo acerca del uso de términos y condiciones ilegales o incumplibles en contratos de productos o servicios financieros.
The CFPB today issued a circular warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.
The CFPB finalized a rule to establish a registry to detect and deter corporate offenders that have broken consumer financial protection laws.
La CFPB finaliza una normativa para establecer un registro para detectar y detener a infractores corporativos que ya hayan violado leyes de protección financiera del consumidor.
CFPB Director Rohit Chopra delivered remarks on the CFPB’s nonbank registration rule.
By
Rohit Chopra
The CFPB sued student loan servicer Pennsylvania Higher Education Assistance Agency for illegally collecting on student loans that have been discharged in bankruptcy and sending false information about consumers to credit reporting companies.
CFPB demanda a Pennsylvania Higher Education Assistance Agency por cobrar préstamos que habían sido descargados por bancarrotas y por enviar información falsa.
The Consumer Financial Protection Bureau (CFPB) today launched a public inquiry into junk fees that are increasing mortgage closing costs.
CFPB Director Rohit Chopra delivered prepared remarks on the agency’s public inquiry into junk fees in mortgage closing costs.
By
Rohit Chopra
La CFPB lanzó recientemente una solicitud pública de información sobre la existencia de tarifas inesperadas que aumentan los costos de cierre.
CFPB Director Rohit Chopra published a UC Irvine Law Review article on enforcing the post-financial crisis ban on abusive conduct.
CFPB Director Rohit Chopra delivered prepared remarks on an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers.
By
Rohit Chopra
The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers.
La CFPB emitió una interpretación de normativa que confirma que los prestamistas Compre Hoy y Pague Luego son emisores de tarjetas de crédito.
The CFPB took action against Western Benefits Group for charging illegal advance fees for student loan debt relief services and misrepresenting to consumers that advance fees would go toward paying down their loans.
