The Bureau issued an official approval of the final redesigned Uniform Residential Loan Application (URLA), which will include a question about mortgage applicants’ language preference.
CFPB sends letters to financial institution CEO’s encouraging more consumer control over payment methods
Last week, Director Cordray sent a letter to the CEO’s of several banks, credit unions, and financial companies encouraging them to enable consumers to exert greater control over their credit cards, debit cards, and other payment methods.
CFPB Fines Xerox Business Services $1.1 Million for Incorrect Consumer Information Sent to Credit Reporting Agencies
Company Failed to Inform Auto Lenders That Defects in its Software Led to Inaccuracies
If you have a VA home loan, then there is a good chance that you have already come into contact with offers to refinance your mortgage that appear official and may sound too good to be true. Here is what you need to know.
Agencies Announce Threshold for Smaller Loan Exemption from Appraisal Requirements for Higher-Priced Mortgage Loans
The Consumer Financial Protection Bureau (CFPB), Board of Governors of the Federal Reserve System, and Office of the Comptroller of the Currency (OCC) today announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2018 will increase from $25,500 to $26,000.
Bureau Alleges That Think Finance Deceived Consumers Into Paying Debts That Were Not Valid
The Office of Financial Empowerment welcomes 61 organizations to receive Your Money, Your Goals training and technical assistance to expand the reach of financial empowerment tools and information to economically vulnerable consumers.
If you’ve checked out your credit scores for free, share your experience so that we and others can learn from it.
Over the last few years, many credit card and other companies have begun to offer consumers free access to their credit scores. We are updating this list to build consumer awareness of this service and highlight positive efforts by the industry to expand access to free credit scores.
CFPB and our Office of Servicemembers Affairs are honored to recognize our nation’s servicemembers, veterans, and their families this Veterans Day.