Newsroom

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.

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.

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.

Citi singled out for discrimination applicants for certain credit card products whom it suspected of being of Armenian descent.

The CFPB took action against Citi, one of the globe’s largest banks, for intentionally and systematically discriminating against Americans of Armenian descent.

Citi discriminó a aquellos solicitantes de ciertos productos de tarjetas de crédito, de quienes sospechaba eran de ascendencia armenia.

The Consumer Financial Protection Bureau (CFPB) and Justice Department today issued a joint statement that reminds financial institutions that all credit applicants are protected from discrimination on the basis of their national origin, race, and other characteristics covered by the Equal Credit Opportunity Act, regardless of their immigration status.

La CFPB y el DOJ emiten declaración conjunta afirmando que las instituciones no podrían usar estatus migratorio para discriminar a solicitantes de crédito.

The Consumer Financial Protection Bureau and Department of Justice (collectively, the agencies) jointly issue this statement to assist creditors and borrowers in understanding the potential civil rights implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA).

Director Chopra delivered remarks discussing the implosion of Lehman Brothers and the regulatory framework implemented by the CFPB.