CFPB Takes Action to Shut Down Illegal Student Debt Relief Scheme
Student Loan Processing.US and Owner Charged Student Loan Borrowers Millions in Illegal Fees Today the Bureau requested that a federal district court enter...
Newsroom
Prepared Remarks of CFPB Director Richard Cordray at the Consumer Bankers Association
Good morning and thank you for inviting me today. For the past four years, we have had a vigorous and productive dialogue with the Consumer Bankers...
CFPB Supervision of Banks and Nonbanks Recovers $14.3 Million for Consumers
CFPB Examiners Uncover Illegal Auto Defaults of Student Loans and Other Violations Today the Bureau released its latest supervision report where the exams...
CFPB Now Accepting Complaints on Consumer Loans from Online Marketplace Lender
Bureau Releases Consumer Bulletin with Information and Tips on Marketplace Lending Today, the Bureau announced it is accepting complaints from consumers...
CFPB Takes Action Against Dwolla for Misrepresenting Data Security Practices
Payment Processor Deceived Consumers About the Data Security Risks of Using Its Online System The Bureau today took action against online payment platform...
CFPB Establishes Process to Consider Applications to Designate Additional Areas as “Rural”
Rules Set For Petitions by Lenders Operating Outside of Previously-Designated Rural Areas The Bureau today announced an application process for requests...
CFPB Monthly Complaint Snapshot Examines Prepaid Complaints
Report Also Includes Look at Consumer Complaints from Texas and the Houston Metro Area Today, the Bureau released its latest monthly consumer complaint...
Prepared Remarks of CFPB Director Richard Cordray at the Consumer Advisory Board Meeting
I want to welcome you all to this meeting of the Consumer Advisory Board. I hope you do not mind me saying that I really love these gatherings. The members...
CFPB Orders Citibank to Provide Relief to Consumers for Illegal Debt Sales and Collection Practices
Citibank Sold Credit Card Debt with Inflated Interest Rates; Debt Collectors for Citibank Altered Affidavits The Bureau today took two separate actions...
Prepared Remarks of CFPB Director Richard Cordray at the Credit Union National Association
Good morning and thank you for inviting me to join you today. For more than four years now, the Bureau and America's credit unions have developed a mutual...
Prepared Remarks of CFPB Director Richard Cordray at the American Constitution Society
Thank you to the American Constitution Society for inviting me to speak today as part of the Access to Justice Series. I have a deep appreciation for the...
CFPB Finalizes Policy to Facilitate Consumer-Friendly Innovation
Bureau Publishes Policy to Reduce Potential Regulatory Uncertainty for Innovative Products that Promise Significant Consumer Benefits Today, the Bureau...
Written Testimony of CFPB Acting Deputy Director David Silberman Before the House Committee on Financial Services Subcommittee on Financial Institutions and Consumer Credit
Chairman Neugebauer, Ranking Member Clay, and Members of the Subcommittee, thank you for the opportunity to testify today about the Bureau's extensive and...
Prepared Remarks of CFPB Director Richard Cordray at the Financial Literacy and Education Commission Meeting
Thank you and I am glad the Commission is focusing on post-secondary education and financial inclusion, each of which affects the financial well-being of...
Prepared Remarks of CFPB Director Richard Cordray at a Field Hearing on Checking Account Access
Thank you for joining us today in Louisville to talk about individual checking and savings accounts. When I think about these deposit accounts, I am...
CFPB Takes Steps to Improve Checking Account Access
CFPB Concerned that Screening Inaccuracies and Lack of Account Options are Keeping Consumers Out of the Banking System Today the Bureau is taking steps to...
CFPB and DOJ Reach Resolution With Toyota Motor Credit To Address Loan Pricing Policies With Discriminatory Effects
Minority Borrowers Who Paid Higher Rates for Auto Loans Will Receive Up to $21.9 Million.
CFPB Monthly Complaint Snapshot Examines Debt Settlement, Check Cashing, and Other Financial Service Complaints
Report Includes Look at Consumer Complaints from New York State and the New York City Metro Area Today, the Bureau released its latest monthly consumer...
CFPB Takes Action Against Herbies Auto Sales for Unlawful Lending Practices
Subprime "Buy Here Pay Here" Dealer Hid Finance Charges, Deceived Consumers The Bureau today took action against Herbies Auto Sales, a buy-here pay-here...
CFPB Releases Guide to Help Consumers Navigate Pension Payouts
Guide Highlights Trade-Offs Between Lump-Sum and Lifetime Monthly Payout Options Today the Bureau is releasing a guide to help consumers navigate their...
CFPB Seeks Public Input on Mortgage Lending Information Resubmission Guidelines
The Bureau today announced it is seeking public feedback on the resubmission of mortgage lending data reported under the Home Mortgage Disclosure Act...
David Silberman Named Acting Deputy Director of the CFPB
The Bureau today announced that David Silberman will serve as Acting Deputy Director beginning next week, replacing Meredith Fuchs. Silberman currently...
CFPB Takes Action to Stop Illegal Debt Collection Lawsuit Mill
Order Would Bar Georgia Law Firm from Churning Out Illegal Collections Lawsuits and Require $3.1 Million Penalty Today, the Bureau filed a proposed consent...
CFPB Monthly Complaint Snapshot Examines Money Transfer Complaints
Report Also Includes In-Depth Look at Consumer Complaints from Georgia Today, the Bureau released its latest monthly consumer complaint snapshot...
CFPB Announces Two Annual Threshold Adjustments
HMDA Asset-Size Exemption Threshold Unchanged at $44 Million; Higher-Priced Mortgage Loan Escrow Account Exemption Threshold Declines to $2.052 Billion The...