FFIEC Statement on the Impact of Drought Conditions on Financial Institutions
The Federal Financial Institutions Examination Council today encouraged financial institutions to work constructively with borrowers affected by drought...
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Consumer Financial Protection Bureau Study Finds Credit Scores Used by Consumers and Lenders Can Differ
The study found that about one out of five consumers would likely receive a meaningfully different score than would a lender.
Federal Financial Institutions Examination Council Announces Availability of 2011 Data on Mortgage Lending
The HMDA data made available today cover 2011 lending activity — applications, originations, purchases and sales of loans, denials, and other actions...
CFPB Announces Consumer Advisory Board Members
The newly appointed board members include experts in consumer protection, financial services, community development, fair lending, civil rights, and...
CFPB Releases Report Showcasing 2012 Highlights
Today's report covers the Bureau's actions from January 1, 2012 through June 30, 2012. It showcases how the Bureau has used its multiple authorities...
CFPB Report Finds Confusion in Reverse Mortgage Market
A reverse mortgage is a special type of home loan that allows older homeowners to access the equity they have built up in their homes now, and defer payment...
CFPB Examines Payday Lending
The hearing coincides with the publication of the Bureau's Short-Term, Small-Dollar Lending Procedures – a field guide CFPB examiners will use to make sure...
CFPB Releases Initial Report on Credit Card Complaints
The CFPB is using the information learned in the first few months of credit card complaints to help identify problems in the market. After careful analysis...
CFPB Releases Report On Issues Facing Users of International Money Transfers
A report released today by the Bureau recommends principles for maximizing consumers' ability to receive and use exchange rate information when making...
CFPB Report Examines Differences Between Credit Scores Consumers and Lenders Receive
"One way consumers have tried to empower themselves is by knowing their credit scores. We are assessing whether purchasing a credit score provides a...