Newsroom

Today the Bureau took action against Michigan-based Flagstar Bank for violating the CFPB's new mortgage servicing rules by illegally blocking borrowers'...

Today, the U.S. Department of Defense issued a proposal that would expand the types of credit products that are covered by the 36-percent rate cap and other...

Approximately 420,000 Consumers Unfairly Charged for Identity Protection "Add-On" Products to Receive Full Refunds Today, the Bureau is ordering U.S. Bank...

Today, the Bureau announced a Project Catalyst research pilot to examine the effectiveness of early intervention credit counseling for consumers who are at...

Thank you. Student loan debt is one of the most significant burdens facing our young people, and it certainly hits close to home for a growing number of...

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,190 U.S...

Thank you all for joining us today, and allow me to recognize Chair Tedesco, the Commissioner of the Financial Consumer Agency of Canada, who is here, as...

Thank you for joining us. Today, the Bureau is announcing an enforcement action against an online payday lender, the Hydra Group, which we believe has been...

Bureau Supervision Uncovers Auto-Lending Discrimination at Banks and Obtains $56 Million for Harmed Consumers.

The Hydra Group Uses Phony Payday Loans to Illegally Access Consumer Bank Accounts Today, the Bureau announced its action to halt the operations of an...

Bureau Seeks More than $500 Million In Relief For Borrowers of Corinthian's Private Student Loans Today, the Bureau sued for-profit college chain Corinthian...

Today we are taking a public enforcement action against Corinthian Colleges, a for-profit chain of colleges, to put an end to its illegal predatory lending...

Today, the Bureau finalized a rule that allows it to supervise certain nonbank international money transfer providers for the first time. The rule, first...

Thank you for joining us as we at the Bureau meet with our Consumer Advisory Board. We always look forward to our dialogue with our CAB members, who share...

It is good to be here with you again this year. Thank you for inviting me back. The Bureau has enjoyed a great relationship with credit unions. We see...

The Federal Reserve Board and the Bureau today announced increases in the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer...

Chairman Johnson, Ranking Member Crapo, and Members of the Committee, thank you for the opportunity to testify today about the implementation of the Dodd-Frank Act. We appreciate your oversight and leadership as we all work to strengthen our financial system and to ensure that it serves both consumers and the long-term foundations of the American economy.

Good afternoon. Thank you for the invitation to speak with you today. I know that we share common goals: a strong and vibrant housing sector, as well as a highly competitive, sustainable economy.

The Consumer Financial Protection Bureau (CFPB) warned credit card companies against deceptively marketing interest-rate promotions.

Today, the Bureau announced several new leaders within the Bureau, as well as the appointment of new consumer finance experts from outside the federal...

Today the Bureau published a report to promote financial wellness in the workplace. The report contains case studies that are designed to educate employers...

Payment Processor to Pay Over $6 Million in Relief to Consumers Today, the Bureau announced an enforcement action against Global Client Solutions, a leading...

Revisions Will Help Facilitate Compliance With New Consumer Protections The Bureau today finalized revisions to the remittance rule that it had proposed in...

The Bureau today announced the selection of participants for its mortgage eClosing pilot program. The three-month pilot will begin later this year, and will...

First Investors Fined $2.75 Million for Knowingly Providing Inaccurate Information to Credit Reporting Agencies for Years Today the Bureau is taking action...