Prepared Remarks of CFPB Director Richard Cordray at the Alternative Data Field Hearing
Thank you for joining us. I am glad to be in Charleston as we explore some new frontiers for consumer access to credit.
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Prepared Remarks of CFPB Director Richard Cordray at the Financial Literacy and Education Commission Meeting
Good morning. I am glad to welcome everyone here to the Financial Literacy and Education Commission for our first meeting of the year. The commission...
CFPB Monthly Snapshot Spotlights Mortgage Complaints
Report Also Looks at Consumer Complaints from Tennessee.
Prepared Remarks of CFPB Director Richard Cordray on the RD Legal Funding Enforcement Action Press Call
Thank you for joining today's call. It is my honor to be working alongside Attorney General Eric Schneiderman on this matter. He is one of the toughest and...
CFPB and New York Attorney General Sue RD Legal for Scamming 9/11 Heroes Out of Millions of Dollars in Compensation Funds
CFPB and NY Also Accuse Company of Deceiving National Football League Concussion Victims.
CFPB and State of Virginia Take Action Against Woodbridge Gold & Pawn for Deceiving Consumers About Loan Costs
Pawnbroker to Pay Restitution to Consumers and End Deceptive Disclosures.
Prepared Remarks of CFPB Director Richard Cordray on the RushCard Enforcement Action Press Call
Thank you all for joining me on this call. Today, the Consumer Bureau is taking action against UniRush, which administers the RushCard, and Mastercard, its...
CFPB Orders Mastercard and UniRush to Pay $13 Million for RushCard Breakdowns That Cut Off Consumers' Access to Funds
Preventable Failures Left Tens of Thousands of Economically Vulnerable Consumers Unable to Pay for Necessities.
CFPB Orders Prospect Mortgage to Pay $3.5 Million Fine for Illegal Kickback Scheme
Real Estate Brokers and Mortgage Servicer That Took Kickbacks from Prospect Also Ordered to Pay $495,000.
CFPB Sues Debt Relief Attorneys for Collecting Illegal Fees from Struggling Consumers
Lawyers Revived an Illegal Debt Relief Scheme that the CFPB Previously Shut Down.
CFPB Orders Citi Subsidiaries to Pay $28.8 Million for Giving the Runaround to Borrowers Trying to Save Their Homes
Mortgage Servicers Kept Borrowers in the Dark About Options, Demanded Excessive Paperwork.
Prepared Remarks of CFPB Director Richard Cordray on the TCF Bank Enforcement Action Press Call
Thank you for joining the call. Today, we are suing TCF National Bank for tricking consumers to opt in for costly overdraft services. We believe TCF trained...
CFPB Sues TCF National Bank for Tricking Consumers Into Costly Overdraft Service
Bank Obscured Fees, Adopted Loose Definition of Consent to Preserve Overdraft Revenue.
CFPB Sues Nation's Largest Student Loan Company Navient for Failing Borrowers at Every Stage of Repayment
Navient, Formerly Part of Sallie Mae, Illegally Cheated Borrowers Out of Repayment Rights Through Shortcuts and Deception.
Prepared Remarks of CFPB Director Richard Cordray on the Navient Enforcement Action Press Call
Today the Bureau is filing a lawsuit against Navient (formerly part of Sallie Mae), which is the nation's largest servicer of both federal and private...
CFPB Survey Finds Over One-In-Four Consumers Contacted By Debt Collectors Feel Threatened
CFPB Also Releases Study of Consumer Risks in Online Debt Sales, Consumer Stories of Debt Collection Experiences.
Prepared Remarks of CFPB Director Richard Cordray at the CFPB Debt Collection Event
I want to thank my friend, Karl Racine, for hosting us here in City Hall. As most of you know, he serves as the first elected Attorney General in the...
CFPB Takes Action Against Two Law Firms for Misrepresenting Attorney Involvement to Collect on Medical Debts
Bureau Orders Medical Debt Collection Law Firms and their President to Refund $577,135 to Consumers.
CFPB Announces Changes to Senior Leadership
The positions being announced today are: the Chief of Staff; the Chief Information Officer; the Chief Financial Officer; the Assistant Director of Consumer...
CFPB Warns Student Loan Servicing Problems Can Jeopardize Long-Term Financial Security for Older Borrowers
Growing Concerns as Number of Older Student Loan Borrowers Quadruples, Amount of Debt Per Senior Borrower Doubles in Last Decade.
CFPB Orders TransUnion and Equifax to Pay for Deceiving Consumers in Marketing Credit Scores and Credit Products
Credit Reporting Companies Misstated the Cost and Usefulness of the Credit Scores and Products They Sold, Lured Consumers into Costly Recurring Payments.
CFPB Monthly Complaint Snapshot Spotlights Debt Collection Complaints
Report Also Looks at Consumer Complaints from Arizona.
Consumer Financial Protection Bureau Takes Second Action Against Military Credit Services for Improper Contract Disclosures
Bureau Orders Lender to Pay $200,000 Civil Penalty.
CFPB Takes Action Against Pawn Companies for Deceiving Consumers About Loan Costs
Bureau Alleges Four Virginia Pawnbrokers Disclosed Misleading Annual Percentage Rates.
CFPB Takes Action Against Moneytree for Deceptive Advertising and Collection Practices
Bureau Orders Financial Services Company to Pay $255,000 to Consumers.