Protecting borrowers’ control over their money
This week, CFPB filed a friend-of-the-court brief to protect consumers’ funds from unauthorized withdrawals by credit card companies.
Blog archive
Mortgage borrowers can challenge inaccurate appraisals through the reconsideration of value process
Lenders must ensure all borrowers have equal access to available reconsideration of valuation processes.
Help us spur new opportunities for homeowners in the mortgage market
The CFPB is requesting information on ways to improve mortgage refinances and support assistance for homeowners who experience financial disruptions.
Office of Research blog: Housing inflation is hitting low-income renters
Housing costs rose rapidly last year but some people experience this inflation more than others. New research shows that low-income renters’ credit card debt increased sharply last year.
Using special purpose credit programs to serve unmet credit needs
Far too many households and businesses continue to lack fair and equitable access to credit. Through SPCPs, lenders can better serve historically disadvantaged individuals and communities.
Rethinking the approach to regulations
The CFPB is seeking to move away from highly complicated rules that have long been a staple of consumer financial regulation and towards simpler and clearer rules.
CFPB publishes Beginner’s Guide to Accessing and Using Home Mortgage Disclosure Act Data
The CFPB has published a Beginner’s Guide to Accessing and Using Home Mortgage Disclosure Act Data, a resource for those interested in using this comprehensive source of U.S. mortgage data.
Climate risk should be considered in housing decisions
Rethinking climate risk for homebuyers, homeowners, and renters. Climate risks are increasing, impacting utility costs, price of insurance, and potential resale value of homes.
Helping borrowers hold mortgage servicers accountable
This week, CFPB filed a friend-of-the-court brief to protect borrowers' rights under federal law to obtain vital information about their mortgage loans from loan servicers.
The Fed is raising interest rates. What does that mean for borrowers and savers?
As the economy recovers from the global pandemic, American families and businesses are experiencing higher prices.
If you’re a homeowner struggling to make housing-related payments due to the pandemic, help is available or coming soon
The Homeowner Assistance Fund (HAF) provides financial relief to homeowners impacted by the COVID-19 pandemic. Learn how to check if assistance is available in your area.
The hidden cost of junk fees
When we shop, we often look at the cheapest advertised price. But the true price may include junk fees. Learn the most common types and share how these fees impact your financial life.
Making Ends Meet series: Consumer finances during the pandemic
New analysis in our Making Ends Meet series shows consumers’ finances improved during the pandemic as pandemic policies protected consumers.
Seven examples of unfair practices and other violations by mortgage servicers: CFPB supervision activities uncover red flags
CFPB’s supervision activities revealed unfair acts and practices, and other violations, by mortgage servicers. Here’s what to be aware of and how to find the resources you need if you’re struggling to make your mortgage payments.
The LIBOR index for adjustable-rate loans is being discontinued: here’s what to watch for
Adjustable-rate mortgages, student loans, HELOCs, reverse mortgages and credit cards that are tied to a LIBOR index, which is expiring. Learn how this change could impact your interest rate.
Deadline to request initial forbearance for HUD/FHA, USDA, or VA backed loans is extended until National Emergency ends
If you have a mortgage backed by HUD/FHA, USDA, or VA and are struggling to make payments due to the pandemic, you can request initial forbearance anytime during the COVID-19 National Emergency.
New rule ensures mortgage servicers provide options to potentially vulnerable borrowers exiting forbearance
A new rule amending Regulation X aims to ensure eligible borrowers have a meaningful opportunity for loss mitigation after exiting mortgage forbearance programs.
Mortgage refinance loans drove an increase in closed-end originations in 2020, new CFPB report finds
Effective August 31, 2021, a new rule requires mortgage servicers to provide meaningful opportunities for homeowners to avoid foreclosure and keep their homes as certain federal forbearance programs begin to expire.
The Bureau continues to fight to help alleviate housing insecurity through its Tech Sprint Program
As part of CFPB’s continued effort to combat housing insecurity and promote racial equity, the Bureau is partnering with the Department of Housing and Urban Development to lead a tech sprint on post-pandemic housing challenges.
We have resources to help you avoid foreclosure
Foreclosure moratoria are ending. The CFPB has resources to help homeowners avoid foreclosure.
Consumer Fraud Alert - Tips for avoiding VA home loan scams
A joint fraud advisory from the CFPB and VA on how to avoid common VA home loan scams.
Trends in Reported Assistance on Consumers’ Credit Records
Since July 2020, consumers have transitioned out of assistance to varying degrees across all credit products, but a significant share of mortgage borrowers continue to receive assistance.
Use our toolkit to help spread the word about pandemic financial relief options
CFPB digital media toolkit supports stakeholders in spreading the word around COVID-19 protections and relief options available to struggling renters and mortgage borrowers.
Challenging the Model Minority Myth: A closer look at Asian American and Pacific Islanders in the mortgage market
New CFPB research looks at how the cost of home loans and borrower characteristics differ within the Asian American and Pacific Islander (AAPI) community.
As foreclosure protections end, it’s time to work with your mortgage servicer
The CFPB has temporarily updated its rule for mortgage servicers to require most, when reaching out to borrowers, to explain their options to avoid foreclosure. Learn why you should contact your mortgage servicer if you’re struggling to make your payments.
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