Newsroom
The Consumer Financial Protection Bureau (Bureau) released today a report examining the differences between large and small mortgage servicers. The report explores the role servicers of different sizes play in the mortgage market where size is defined by the number of loans serviced.
The Consumer Financial Protection Bureau (Bureau) released today the results of a pilot study, Planning for tax-time savings, launched with the tax preparation company H&R Block that shows that simple messages encouraging customers to use their prepaid card to save at tax time increased the likelihood that they would do so.
The Consumer Financial Protection Bureau (Bureau) released a report today that found that more than one-in-four consumers with a credit report have at least one debt in collection by third-party debt collectors.
Today the Consumer Financial Protection Bureau (CFPB) released a report focusing on mortgages made to first-time homebuyers who are serving in the armed forces or are veterans.
Consumer Financial Protection Bureau Publishes Assessments of Ability-to-Repay and Mortgage Servicing Rules.
The Consumer Financial Protection Bureau (CFPB) today published the Request for Information (RFI) about the Bureau’s Civil Investigative Demands (CIDs) that was announced as part of Acting Director Mick Mulvaney’s call for evidence last week.
Seeks Public Input on Ways to Better Fulfill Statutory Obligations.
Six-Year Auto Loans Carry Higher Costs and Higher Default Rates than Five-Year Auto Loans.
Bureau Releases Interactive Online Tool to Help Consumers Measure Their Financial Well-Being.
Record Student Debt Spurring Employers to Offer Student Loan Repayment Benefits.
Consumers In Higher-Income Areas More Likely Than Those in Lower-Income Areas to Establish Credit with a Credit Card or Co-Borrower.
Report Also Includes In-Depth Look at Consumer Complaints from North Carolina.
Good afternoon and thank you for inviting me today. It is good to be here with so many people who have similar goals and ideals. The thread that ties us...
By
Richard Cordray
Project Also Finds Savings Persist After Offers End.
Today, we are releasing our fourth report on this market, which is a study of single-payment auto title loans. Our study analyzed nearly 3.5 million loans...
By
Richard Cordray
Majority of Auto Title Loan Business Comes From Borrowers Stuck In Debt for Most of the Year.
Thank you for joining us. From the beginning, the small-dollar lending market, which includes payday loans, has been an area of focus for us at the Bureau...
By
Richard Cordray
Repeat Debit Attempts Add Steep, Hidden Cost for Borrowers Yet Typically Fail to Recover Payments Today the Bureau issued a report that found that attempts...
CFPB Enforcement Actions Returned Over $5 Million to Servicemembers in 2015 The Bureau released an annual report today from the Office of Servicemember...
Chairman Neugebauer, Ranking Member Clay, and Members of the Subcommittee, thank you for the opportunity to testify today about the Bureau's extensive and...
Concerns Remain About Other Back-End Practices Such As Deferred-Interest Promotions The Bureau today released a report detailing how the Credit Card...
Servicers Still Failing to Provide Legal Protections to Military Borrowers Today the Bureau released a report outlining the continued challenges faced by...
Industry Inquiry Reveals Problems for Consumers Seeking to Prevent Auto-Defaults Today the Bureau Student Loan Ombudsman released a report finding high...
Thank you all for joining this public session of the annual meeting of our Academic Research Council. It is impressive to see so many people here this...
By
Richard Cordray
Today, the Bureau released a study indicating that arbitration agreements restrict consumers' relief for disputes with financial service providers by...