CFPB Takes Action Against Moneytree for Deceptive Advertising and Collection Practices
Bureau Orders Financial Services Company to Pay $255,000 to Consumers.
Newsroom
Prepared Remarks of CFPB Director Richard Cordray at the NAACP Annual Convention
Thank you and let me welcome you all to my home state, the Buckeye State of Ohio. In particular, I thank President and CEO Cornell William Brooks and...
Consumer Financial Protection Bureau And Department Of Justice Action Requires Bancorpsouth To Pay $10.6 Million To Address Discriminatory Mortgage Lending Practices
BancorpSouth Illegally Denied African-American Consumers Fair and Equal Access to Mortgages.
CFPB and DOJ Reach Resolution With Toyota Motor Credit To Address Loan Pricing Policies With Discriminatory Effects
Minority Borrowers Who Paid Higher Rates for Auto Loans Will Receive Up to $21.9 Million.
Prepared Remarks of CFPB Director Richard Cordray on Hudson City Savings Bank Enforcement Action Press Call
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...
CFPB and DOJ Order Hudson City Savings Bank to Pay $27 Million to Increase Mortgage Credit Access in Communities Illegally Redlined
Bank Illegally Denied Black and Hispanic Neighborhoods Fair Access to Mortgages Today, the Bureau and the Department of Justice (DOJ) announced a joint...
CFPB and DOJ Reach Resolution with Honda to Address Discriminatory Auto Loan Pricing
African-American, Hispanic, and Asian and Pacific Islander Borrowers Will Receive $24 Million.
Prepared Remarks of CFPB Deputy Director Steven Antonakes at The Exchequer Club
The Bureau does not have a safety and soundness mandate. Nevertheless, we very much care about the financial health of banks and nonbanks. As a veteran of...
CFPB Provides Guidance to Help Lenders Avoid Discrimination Against Consumers Receiving Disability Income
Bureau Warns Lenders Against Creating Illegal Hurdles for Recipients of Social Security Disability Income Today, the Bureau is issuing a bulletin to help...
Statement of CFPB Director Richard Cordray on BMO Harris Auto Lending Policy
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray issued the following statement responding to news that BMO Harris Bank plans to pay auto dealers a flat percentage of the loan amount to compensate dealers for originating indirect auto loans.
CFPB to Hold Auto Lenders Accountable for Illegal Discriminatory Markup
Potentially discriminatory markups in auto lending may result in tens of millions of dollars in consumer harm each year, and the bulletin provides guidance to indirect auto lenders within the CFPB’s jurisdiction on how to address fair lending risk.
CFPB Adopts Rule to Improve Consumer Access to Appraisal Reports
The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that lenders give consumers a copy of each appraisal or other estimate free of charge...
Consumer Financial Protection Bureau and Justice Department pledge to work together to protect consumers from credit discrimination
"Today's agreement is a critical step to better protecting consumers from illegal and discriminatory lending practices. We look forward to continuing our...