Newsroom
BancorpSouth Illegally Denied African-American Consumers Fair and Equal Access to Mortgages.
Thresholds Apply to Transactions under the CARD Act, HOEPA, and Ability-to-Repay Mortgage Rule.
The CFPB has taken action against a former Wells Fargo employee for an illegal mortgage fee-shifting scheme.
Report Also Includes Look at Consumer Complaints from California.
The Bureau today issued an interim final rule that broadens the availability of certain special provisions for small creditors that operate in rural or...
Rules Set For Petitions by Lenders Operating Outside of Previously-Designated Rural Areas The Bureau today announced an application process for requests...
The Bureau today announced it is seeking public feedback on the resubmission of mortgage lending data reported under the Home Mortgage Disclosure Act...
HMDA Asset-Size Exemption Threshold Unchanged at $44 Million; Higher-Priced Mortgage Loan Escrow Account Exemption Threshold Declines to $2.052 Billion The...
The Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency (OCC) today announced that the threshold for exempting loans from special...
Thank you for inviting me today. As we continue to emerge from the Great Recession, the housing market is finally rebounding in many areas around the...
Bureau Takes Steps to Simplify the Reporting Process for Financial Institutions Today, the Bureau finalized a rule to improve information reported about the...
Bulletin Highlights Risks of Agreements Violating Federal Prohibition on Mortgage Kickbacks The Bureau today issued a bulletin providing guidance to the...
The Bureau yesterday sent a letter to mortgage industry trade groups regarding the Know Before You Owe mortgage disclosure rule, which becomes effective...
Chairman Hensarling, Ranking Member Waters, and Members of the Committee – thank you for the opportunity to testify today about the Bureau's latest...
By
Richard Cordray
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...
By
Richard Cordray
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,062 U.S...
Report Also Includes In-Depth Look at Consumer Complaints in Denver, Colo. Today, the Bureau released its latest monthly consumer complaints snapshot, which...
Bureau Extends Provisions to Cover More Community Banks, Credit Unions, and Other Creditors The Bureau today finalized several changes to its mortgage rules...
Thank you for inviting me today. That renowned philosopher from the Garden State of New Jersey, Bruce Springsteen, once said, "I have spent my life judging...
By
Richard Cordray
Tools Provide Additional Shopping Help for Consumers as New Mortgage Disclosure Rule Takes Effect Today the Bureau is releasing new online tools as part of...
The Dodd-Frank Wall Street Reform and Consumer Protection Act directed the CFPB to combine certain federal mortgage disclosures that consumers receive when...
Thank you all for joining us today. We have convened this forum to discuss the results of our pilot project on electronic mortgage closings, which are known...
By
Richard Cordray
Consumers Reported Greater Understanding, Efficiency, and Feelings of Empowerment The Bureau today published a report on its "Know Before You Owe" eClosing...
Bureau Issues Bulletin Regarding Homeowners Protection Act The Bureau today issued a bulletin providing guidance to mortgage servicers regarding the...
Residential Credit Solutions to Pay $1.5 Million for Servicing Wrongs Today the Bureau took action against Residential Credit Solutions, Inc. for blocking...
