Newsroom

The CFPB took action against Draper & Kramer Mortgage Corporation for discriminatory mortgage lending activities that discouraged homebuyers from applying to Draper for homes in majority-Black and Hispanic neighborhoods in the greater Chicago and Boston areas.

CFPB Finalizes Rule to Protect Homeowners on Solar Panel Loans and Other Home Improvement Loans Paid Back Through Property Taxes.

The CFPB and DOJ took action to end Fairway Mortgage Corporation’s illegal mortgage lending redlining against majority-Black neighborhoods in the greater Birmingham, Alabama area.

Director Chopra delivered remarks on streamlining the refinancing process following the Federal Reserve federal funds rate reduction.

Director Chopra delivered remarks on housing, including refinancing, appraisals, and other topics.

Director Chopra delivered remarks on streamlining the refinancing process.

The CFPB released an advisory opinion and research report on a form of home seller financing that is often referred to as contract for deed.

La CFPB publicó una opinión consultiva y un reporte investigativo sobre una forma de financiamiento que es frecuentemente llamada contrato por escrituras.

Director Rohit Chopra discussed contracts for deed and the CFPB’s housing efforts at a field hearing in St. Paul, Minnesota.

The CFPB issued a report finding that some residential solar lenders are misleading homeowners and cramming markup fees into borrowers’ loan balances.

Director Rohit Chopra delivered remarks about preventing predatory lending in the residential solar market.

La CFPB publica reporte que revela que muchos prestamistas de préstamos para energía solar residencial están engañando a los propietarios y agregando tarifas en los saldos de los prestatarios.

Five federal regulatory agencies today issued final guidance addressing reconsiderations of value (ROVs) for residential real estate transactions.

Six federal regulatory agencies today issued a final rule, pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, designed to help ensure the credibility and integrity of models used in valuations for certain mortgages secured by a consumer’s principal dwelling.

The CFPB issued an interim final rule to extend compliance deadlines for the Section 1071 small business lending rule.

La CFPB emite normativa final interina para extender la fecha para el cumplimiento de la Sección 1071 de la normativa de crédito a la pequeña empresa.

The Home Mortgage Disclosure Act (or "HMDA") Modified Loan Application Register (or "LAR") data for 2023 are now available on the Federal Financial Institutions Examination Council’s (or "FFIEC") HMDA Platform for HMDA filers.

FFIEC Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending

The CFPB today proposed a rule to rein in excessive overdraft fees charged by the nation’s biggest financial institutions.

CFPB propone normativa para regir las excesivas penalidades por sobregiros, cobrados por las instituciones financieras más grandes de la nación.

Director Chopra delivered remarks on the CFPB’s proposed overdraft lending rule.

CFPB y Departamento de Justicia demandan a la compañía desarrolladora y prestamista Colony Ridge por hacer ofertas falsas y ofrecer financiamiento predatorio.

The Consumer Financial Protection Bureau and the Justice Department sued Colony Ridge for operating an illegal land sales scheme and targeting Hispanic borrowers.

Director Chopra delivered remarks on the joint CFPB/DOJ action against Colony Ridge.

The Consumer Financial Protection Bureau (CFPB) today ordered Toyota Motor Credit Corporation to pay $60 million in consumer redress and penalties for operating an illegal scheme to prevent borrowers from cancelling product bundles that increased their monthly car loan payments.