Prepared Remarks of CFPB Director Rohit Chopra at the National Community Reinvestment Coalition
CFPB Director Rohit Chopra provided remarks at the National Community Reinvestment Coalition’s Just Economy Conference.
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Prepared Remarks of CFPB Director Rohit Chopra at the White House on Data Protection and National Security
Director Chopra at the White House on Data Protection and National Security.
CFPB Takes Action to Halt False Claims of 'Free' International Money Transfers
The Consumer Financial Protection Bureau issued a new circular warning remittance transfer providers that false advertising about the cost or speed of sending a remittance transfer can violate federal law.
Prepared Remarks of CFPB Director Rohit Chopra for CBA Live
Director Chopra provided remarks at CBA Live on March 26, 2024.
CFPB Joins Federal and State Agencies in Coordinated Statements on Tech & Enforcement
Today, a number of federal and state agencies released agency-specific action statements on tech capacity.
2023 HMDA Data on Mortgage Lending Now Available
The Home Mortgage Disclosure Act (or "HMDA") Modified Loan Application Register (or "LAR") data for 2023 are now available on the Federal Financial Institutions Examination Council’s (or "FFIEC") HMDA Platform for HMDA filers.
Statement of CFPB Director Rohit Chopra and Chief Technologist Erie Meyer on Enhancing Agency Capabilities to Address Transformative Technologies
The CFPB is working to be a leader when it comes to building agency capabilities to address transformative technologies.
CFPB Letter to California State Legislature on Barring Medical Bills on Credit Reports
A letter written by Director Rohit Chopra to Senator Monique Limón of the California State Senate.
Prepared Remarks of CFPB Director Rohit Chopra at the Peterson Institute for International Economics Event on Revitalizing Bank Merger Review
Director Chopra provided remarks at the Peterson Institute for International Economics on ways to improve the rigor of bank merger review.
Submission of CFPB Director Rohit Chopra to the Appraisal Subcommittee Regarding Oversight of the Appraisal Foundation
On March 8, 2024, CFPB Director Rohit Chopra submitted a comment to the Appraisal Subcommittee regarding oversight of The Appraisal Foundation.
Prepared Remarks of CFPB Director Rohit Chopra at the Financial Data Exchange Global Summit
Director Chopra provided remarks at the Financial Data Exchange Global Summit.
Consumer Advisory: Opportunity to cancel student loan debt ends soon
Many student loan borrowers have an opportunity to have their entire student loans cancelled or receive more credit towards cancellation, but they must act before April 30, 2024.
CFPB Letter to New York State on the Prohibition on Abusive Conduct
A letter written by Brian Shearer, CFPB Assistant Director of the Office of Policy Planning and Strategy, to Kathy Hochul, Governor of New York State, and members of the New York State Assembly and Senate.
CFPB Director Rohit Chopra’s Letter to the Appraisal Subcommittee
A letter written by Director Rohit Chopra to the Appraisal Subcommittee.
CFPB Bans Excessive Credit Card Late Fees, Lowers Typical Fee from $32 to $8
The Consumer Financial Protection Bureau (CFPB) ) finalized a rule today to cut excessive credit card late fees by closing a loophole exploited by large card issuers.
Statement of CFPB Director Rohit Chopra on the Final Rule to Close the Credit Card Late Fee Loophole
The Consumer Financial Protection Bureau is taking action to rein in junk fees on credit cards, increase competition, and put billions of dollars back in the pockets of American families.
CFPB Issues Guidance to Rein in Rigged Comparison-Shopping Results for Credit Cards and Other Financial Products
The CFPB explained how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or lenders because of kickbacks.
CFPB Director Rohit Chopra Releases a Statement in Response to President Biden’s Executive Order To Protect Americans’ Sensitive Personal Data
CFPB Director Rohit Chopra releases a statement in response to President Biden’s Executive Order to protect Americans’ sensitive personal data.
CFPB Orders Federal Supervision for Installment Lender Following Contested Designation
The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over installment lender World Acceptance.
CFPB Report Finds Large Banks Charge Higher Credit Card Interest Rates than Small Banks and Credit Unions
The Consumer Financial Protection Bureau (CFPB) today reported on the first set of results from the newly updated Terms of Credit Card Plans survey.
CFPB Issues Revised Supervisory Appeals Process
The Consumer Financial Protection Bureau (CFPB) issued a procedural rule updating the process by which financial institutions can appeal supervisory findings.
FFIEC Issues Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending
FFIEC Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending
CFPB Secures $12 Million From Ringleaders of Foreclosure Relief Scam
The Consumer Financial Protection Bureau resolved an appeal in a long-running enforcement suit against a foreclosure relief scam operation for $12 million.
CFPB Proposes Rule to Stop New Junk Fees on Bank Accounts
The Consumer Financial Protection Bureau proposed to block financial institutions from one potential source of new junk fee revenue – fees on instantaneously declined transactions.
CFPB and Seven State Attorneys General Sue Debt-Relief Enterprise, Strategic Financial Solutions, for Illegally Swindling More Than $100 Million from Financially Struggling Families
The CFPB and state attorneys general sued Strategic Financial Solutions and its web of shell companies for running an illegal debt-relief enterprise.