CFPB Names Key Senior Positions
Today, the Bureau is announcing that three experts have been named to senior positions within the Bureau. These positions are: the Assistant Director for...
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Director Richard Cordray Remarks at the President’s Advisory Council
At the Consumer Bureau, we are committed to helping consumers make sound financial choices. We are doing all we can to protect people by ensuring that...
CFPB Recovers More Than $1 Million for Servicemembers, Veterans, and their Families
The Bureau announced today that servicemembers, veterans, and their families who complained to the Bureau about financial products or services have...
Prepared Remarks of CFPB Deputy Director Steve Antonakes at Protecting Nevada’s Consumers: A Common Ground Conference
Good morning. It is my pleasure to be with you at this Common Ground Conference. I would like to thank Attorney General Masto for hosting this important...
Prepared Remarks of CFPB Director Richard Cordray at the Consumer Advisory Board Meeting
Thank you for joining us as we meet with our Consumer Advisory Board. We all look forward to our dialogue with our CAB members, who share with us their...
Prepared Remarks of Deputy Director Antonakes at the Federal Reserve Bank of Atlanta 2014 Banking Outlook Conference
Good morning. It is my pleasure to have the opportunity to be with you today at the Federal Reserve Bank of Atlanta's 2014 Banking Outlook Conference. I...
CFPB Calls on Top Credit Card Companies to Make Credit Scores Available to Consumers
Bureau Report Finds Accuracy Issues Top Credit Report Complaints; Warns on Avoiding Investigations Today, the Bureau called on the nation's top credit card...
Prepared Remarks of CFPB Director Richard Cordray at the National Association of Attorneys General
Thank you for having me back again this year. I am glad to say that I now stand before you as the undisputed Director of the Bureau, having been confirmed...
Prepared Remarks of CFPB Director Richard Cordray at the ITT Enforcement Action Press Conference
Thank you all for joining us today. And thank you to Attorney General King, Attorney General Madigan, Attorney General Miller, and Attorney General Conway...
CFPB Sues For-Profit College Chain ITT For Predatory Lending
Today the Bureau filed a lawsuit against ITT Educational Services, Inc., accusing the for-profit college chain of predatory student lending. The CFPB...
Prepared Remarks of CFPB Director Richard Cordray at the Financial Literacy and Education Commission Meeting
I want to thank all of you here for your interest in helping hardworking consumers achieve financial peace of mind. I firmly believe that employers who...
CFPB Takes Action Against Mortgage Lender for Illegal Payments
Today, the Bureau ordered a Connecticut mortgage lender, 1st Alliance Lending, LLC (First Alliance), to pay an $83,000 civil money penalty for violating...
Deputy Director Steven Antonakes Remarks at the Mortgage Bankers Association
Prepared Remarks of Steven Antonakes Deputy Director of the Bureau Mortgage Bankers Association Orlando, Florida February 19, 2014 Good afternoon. Thank you...
Prepared Remarks of CFPB Director Richard Cordray at the FLEC Meeting
Thank you all for being here. Our topic of discussion today has deep resonance for me. Having worked on financial education issues at the local, state, and...
CFPB Takes Steps to Improve Information About Access to Credit in the Mortgage Market
Today, the Bureau is taking steps to improve information reported about the residential mortgage market to help better understand borrowers' access to...
Prepared Remarks of CFPB Director Richard Cordray on the HMDA Press Call
Thank you for joining us. Today we are taking important steps to improve information about the residential mortgage market. As Congress required in the...
CFPB Commends HUD’s Action to Improve Mortgage Closing Process
Today, the Department of Housing and Urban Development (HUD) announced that they will be accepting electronic signatures on documents associated with...
CFPB Supervision Report Highlights Mortgage Servicing Problems In 2013
The Bureau today issued a report highlighting problems like unfair and deceptive practices in the mortgage servicing market uncovered through the Bureau's...
CFPB Takes Action Against PHH Corporation for Mortgage Insurance Kickbacks
Today, the Bureau initiated an administrative proceeding against PHH Corporation and its affiliates (PHH), alleging PHH harmed consumers through a mortgage...
CFPB Issues Consumer Advisory on Industry’s Data Breach
Advisory Offers Tips to Protect Accounts in Wake of Recent Payment Card Data Breaches Today the Bureau published a consumer advisory to help consumers...
Written Testimony of CFPB Director Richard Cordray Before the House Committee on Financial Services
Chairman Hensarling, Ranking Member Waters, and Members of the Committee, thank you for inviting me to testify today about the fourth Semi-Annual Report of...
CFPB Proposes Rule to Oversee Larger Nonbank International Money Transfer Providers
Today the Bureau proposed a rule that would allow it to supervise certain nonbank international money transfer providers for the first time. The proposed...
Prepared Remarks of CFPB Director Richard Cordray at the U.S. Conference of Mayors
Thank you for inviting me to come speak with you once again. When I was here in 2012, the Bureau had just opened its doors. Today, I come to you after more...
CFPB Takes Action Against Mortgage Kickbacks
Bureau Orders Missouri Lender to Pay $81,000 for Illegal Kickback Scheme Today the Bureau ordered a Missouri mortgage lender, Fidelity Mortgage Corporation...
CFPB Seeks Advisory Board and Council Applications
Today, the Bureau announced that it is seeking applications for positions on its advisory groups, the Consumer Advisory Board (CAB), the Credit Union...