Newsroom
Because of what you do every day – fighting to improve the lives of the nation’s most vulnerable and underserved consumers – you are my personal heroes and you set an important example for everyone at the Consumer Financial Protection Bureau.
By
Richard Cordray
Chairman Johnson, Ranking Member Crapo, and members of the Committee: I am honored to be here once again as the nominee to serve as the Director of the CFPB.
By
Richard Cordray
When handing over the processing of loans, mortgage servicers should not lose paperwork, lose track of a homeowner's loss mitigation plans, or hinder a...
Today, the Consumer Bureau is announcing new mortgage servicing rules that will help all borrowers, especially those facing foreclosure. Our rules will...
By
Richard Cordray
The CFPB's mortgage servicing rules ensure that borrowers in trouble get a fair process to avoid foreclosure. Borrowers shouldn't have to worry about...
"These proposed rules would offer consumers basic protections and put the Ôservice' back into mortgage servicing. The goal is to prevent mortgage servicers...
But the major failures in this industry demonstrate that all servicers need to meet basic standards of good customer service. So today we are announcing...
By
Richard Cordray
The foreclosure crisis had a devastating impact on median wealth in this community in particular. And now you and everyone else are dealing with a dried-up...
By
Richard Cordray
First and foremost are the financial concerns of military homeowners.
By
Holly Petraeus
We want to make sure that mortgage servicers comply with the laws that prohibit unfair, deceptive, or abusive practices when it comes to a servicemember's...
By
Richard Cordray
We're pleased to have the support of the prudential regulators who signed the guidance we're announcing today – the Federal Reserve Board, the FDIC, the...
By
Holly Petraeus
And we have certain goals in common: a strong and vibrant financial sector; a highly competitive economy that works for Americans in both the short run and...
By
Richard Cordray
"The provisions relating to the Servicemembers Civil Relief Act (SCRA) in this agreement will help ensure that members of the military won't be denied...
The settlement will provide $25 billion in financial relief to distressed homeowners and establish new servicer standards of conduct.
I’d like to thank everyone at the CFA for your leadership and extraordinary work on consumer financial reform on behalf of ordinary Americans.
By
Raj Date
We are here today to discuss the Dodd-Frank Act and its implications for consumers, businesses, and the economy. From my, admittedly biased, perspective...
By
Raj Date
Congress, in creating the OSA, recognized that protecting our servicemembers from suffering financial repercussions for answering the call to service is not...
By
Holly Petraeus
Today, we are pleased to report that we firmly believe in the importance of making prices clearer, making risks more obvious, and cutting back on the fine...
By
Elizabeth Warren
it is our objective to make sure that markets for consumer financial products and services operate transparently and efficiently to facilitate access and...
By
Richard Cordray
It is an honor to be here to commemorate Joanne Alter, whose commitment to meaningful change – both inside and outside of government, despite all odds –...
By
Elizabeth Warren
The practices now under investigation took root and grew because there was no single federal regulator with both the responsibility and the tools to look out for consumers.
By
Elizabeth Warren
It has a chance to define clear goals for the agency and a chance to set a direction that is good for families, good for those in the industry who want to...
By
Elizabeth Warren
I am also glad to help set this new agency on the path to strengthen the economic health of American families.
By
Elizabeth Warren
President Obama understands the importance of leveling the playing field again for families and creating protections that work not just for the wealthy or...
By
Elizabeth Warren
