Newsroom
Examiners Uncover Illegal Practices in Student Loan Servicing, Mortgage Origination and Servicing, Consumer Reporting, and Debt Collection Markets Today the...
Operation Ripped Off Students and Families Applying for College Financial Aid Today, the Bureau announced it is taking action to halt a nationwide student...
General Information Services and Affiliate Failed to Verify the Accuracy of Consumer Reports Sold to Employers about Job Applicants Today, the Bureau took...
Court Rules that Corinthian Engaged in Deceptive Lending Practices and Illegal Debt Collection Practices Yesterday, at the request of the Bureau, a federal...
Bureau Sued Auto Lender Earlier This Year for Deception and Threats to Contact Commanding Officers Today the Bureau filed an administrative order against...
Report Also Includes In-Depth Look at Consumer Complaints in the Chicago Metro Area Today, the Bureau released its latest monthly consumer complaints...
Today, CFPB Director Richard Cordray issued the following statement in response to the RushCard situation, a prepaid card...
I want to welcome you all to this meeting of the Consumer Advisory Board. I am sorry that my attendance at the FDIC's Board meeting caused me to miss this...
Resource Will Help Guide Educators Looking to Select Appropriate Financial Education Material for Students WASHINGTON, D.C – Today the Bureau is releasing a...
Thank you for inviting me today. As we continue to emerge from the Great Recession, the housing market is finally rebounding in many areas around the...
Bureau Takes Steps to Simplify the Reporting Process for Financial Institutions Today, the Bureau finalized a rule to improve information reported about the...
Bulletin Highlights Risks of Agreements Violating Federal Prohibition on Mortgage Kickbacks The Bureau today issued a bulletin providing guidance to the...
I want to welcome you all to this meeting of the Credit Union Advisory Council, which has been convened to talk about consumer challenges in payment...
By
Richard Cordray
Proposal Would End the Free Pass Companies Use Against Group Lawsuits Today the Bureau announced it is considering proposing rules that would ban consumer...
Thank you all for joining us in Denver today. We are here to talk about something important that is often buried deeply in the fine print of many contracts...
By
Richard Cordray
The Bureau yesterday sent a letter to mortgage industry trade groups regarding the Know Before You Owe mortgage disclosure rule, which becomes effective...
Westlake Services and Wilshire Consumer Credit Pressured Borrowers with Illegal Threats and Phony Caller IDs.
I want to welcome you all to this meeting of the Community Bank Advisory Council, which has been convened to talk about consumer challenges in payment...
By
Richard Cordray
Chairman Hensarling, Ranking Member Waters, and Members of the Committee – thank you for the opportunity to testify today about the Bureau's latest...
By
Richard Cordray
CFPB and U.S. Departments of Education and Treasury Issue Framework for Servicing Reforms, Bureau Prioritizes Stamping Out Illegal Actions Today, the Bureau...
Company to Pay $18 Million to Minority Auto Borrowers, $3 Million to Credit Card.
Good morning. Thank you for the opportunity to speak here this morning at the John Glenn College of Public Affairs. The opportunity is especially meaningful...
Thank you. Today the Bureau and the Department of Justice are announcing a joint action against Hudson City Savings Bank for illegal redlining. We are...
By
Richard Cordray
Bank Illegally Denied Black and Hispanic Neighborhoods Fair Access to Mortgages Today, the Bureau and the Department of Justice (DOJ) announced a joint...
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,062 U.S...