In observance of six years serving consumers, here are six ways the CFPB has made consumers count.
CFPB Takes Actions Against Credit Repair Companies for Charging Illegal Fees and Misleading Consumers
Companies and Individuals to Pay More Than $2 Million in Penalties and Relinquished Funds
The CFPB works to create a level playing field in financial markets and to help ensure fairness for consumers. Our SEFL division helps ensure compliance with federal consumer financial laws by supervising market participants and bringing enforcement actions when appropriate.
Good afternoon and thank you. And let me thank all the groups represented here at the conference. You raise awareness about the need for fairness, honesty, and justice in business, housing, civic life, and economic development.
Bureau Alleges Companies Deceived Consumers About Debt That Was Not Legally Owed
Auto Loan Company Failed to Provide Redress For Illegal Collection Tactics
Mortgage Servicer’s Widespread Errors, Shortcuts, and Runarounds Cost Borrowers Money, Homes
Today the Consumer Financial Protection Bureau is filing a lawsuit against Ocwen, one of the nation’s largest nonbank mortgage servicers. We are seeking relief to compensate consumers for years of systemic and significant errors throughout the mortgage servicing process, which cost some of them their homes.
CFPB Files Suit Against Law Firm for Misrepresenting Attorney Involvement in Collection of Millions of Debts
CFPB Alleges Weltman, Weinberg & Reis Deceived Consumers with Misleading Calls and Letters
Credit Reporting Company Misstated How Credit Scores It Sold Were Used