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Category: Press release |
Published

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 consumer financial products or services. They also represent depository institutions that primarily serve underserved communities, and they represent communities that have been significantly impacted by higher-priced mortgage loans.

Category: Press release |
Published

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, including regulation, supervision, enforcement, market research, financial education, and the authority to deal directly with consumer complaints regarding consumer financial products and services.

Category: Press release |
Published

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, the Bureau will determine how best to address these issues through a variety of means ranging from consumer education and engagement to new regulatory policies.

Category: Press release |
Published

CFPB Releases Report On Issues Facing Users of International Money Transfers

A report released today by the Consumer Financial Protection Bureau (CFPB) recommends principles for maximizing consumers’ ability to receive and use exchange rate information when making remittance transfers, and examines the incentives and challenges related to using remittance data in credit scores.