Newsroom

Thank you for the opportunity to speak with you today. I know that both those of us at the Bureau and those of you here today share common goals: a strong...

My name is Rohit Chopra, and I serve as an Assistant Director at the Bureau, where I lead an office that focuses on issues facing students and young...

Across the country, the agencies that form this Commission have been working, both alone and together, to promote and encourage opportunities to incorporate...

Today the Bureau ordered RealtySouth, the largest real estate firm in Alabama, to pay $500,000 for inadequate disclosures that could leave consumers unaware...

Overall CFPB Supervision Activities Return More than $70 Million to 775,000 Consumers The Bureau today issued a report highlighting illegal actions...

Study Finds Credit Scores Underestimate Creditworthiness for Consumers Who Owe and Repay Medical Debt Today the Bureau released a research report that found...

Today the Bureau is releasing a study on how the collection of medical debt affects a consumer's credit score. What we found is that consumers' credit...

Thank you for having me here today. I am very pleased to be able to join so many experts in consumer finance, a field whose interdisciplinary nature...

Today, the U.S. Department of Justice announced an enforcement action against Sallie Mae (also known as Sallie Mae Bank and Navient Solutions), the largest...

I am glad to be with you today and to have the chance to reflect further on some of the changes that have followed the most damaging and frightening...

CFPB Issues Advisory about Managing Mortgage Debt in Retirement Today, the Bureau released a snapshot report spotlighting the mortgage debt challenges faced...

Rule Would Benefit Companies That Limit Consumer Data-Sharing The Bureau today proposed a rule to promote more effective privacy disclosures from financial...

Bureau Publishes Action Letters for Child Welfare Caseworkers to Send to Credit Bureaus The Bureau today took action to better protect children in the...

Proposal Would Assist Nonprofits and Allow for Refunds of Excess Points and Fees for Qualified Mortgages Today, the Bureau is proposing minor adjustments to...

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray issued the following statement responding to news that BMO Harris Bank plans to pay auto dealers a flat percentage of the loan amount to compensate dealers for originating indirect auto loans.

Thank you all for joining us today. We have convened this forum to discuss one of the most significant, yet stressful times in the lives of consumers –...

The Consumer Financial Protection Bureau (CFPB) published a report which finds that many consumers are frustrated by the short amount of time they have to review a large stack of complex closing documents when finalizing a mortgage.

Today, we released a report that describes complaints we received related to the private student loan industry’s practice of placing borrowers in default even when their loans are current and in good standing. Take a look at our consumer advisory and sample letters for borrowers and co-signers.

Today the Bureau Student Loan Ombudsman released a report highlighting complaints of "auto-defaults" in private student lending. Borrowers report that some...

The Bureau today proposed revisions to its international money transfer rule. The revisions are intended to preserve the rule's new consumer protections...

Thank you for joining us on this call today. Central to our mission here at the Consumer Bureau is the duty to identify and root out unfair, deceptive, and...

Millions of Consumers Harmed by Bank's Deceptive Marketing and Unfair Credit Card Billing Practices The Bureau has ordered Bank of America, N.A. and FIA...

Testimony of Meredith Fuchs General Counsel, CFPB Chairman Hensarling, Ranking Member Waters, and Members of the Committee...

Thank you so much for inviting me here tonight and for this award, which reflects favorably on the excellent work being done by my teammates at the Bureau...

Thank you for joining us today. All of us here share the same goal of educating and empowering consumers to help them make responsible financial decisions...