Newsroom archive

The CFPB sued Vanderbilt Mortgage & Finance for setting families up to fail when they borrowed money to buy a manufactured home.

Statement of CFPB Director Rohit Chopra on developments regarding large asset manager ownership of banks.

Today, the CFPB sued Walmart and Branch Messenger for forcing delivery drivers to use costly deposit accounts to get paid and for deceiving workers— “last mile” drivers in Walmart’s Spark Driver program—about how they could access their earnings.

The CFPB sued Rocket Homes to stop providing incentives to real estate brokers and agents in exchange for steering homebuyers to Rocket Mortgage for loans.

Director Chopra delivered remarks on consumers harmed by fraud on the Zelle payment network.

The Consumer Financial Protection Bureau (CFPB) sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers from widespread fraud on America’s most widely available peer-to-peer payment network.

The CFPB announced several actions on credit cards, including a circular on rewards programs, research on retail cards, and a tool to explore cards.

The CFPB issued a report on the experiences of homeowners dealing with their mortgage company after divorce or the death of an original borrower.

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

Director Chopra presented a discussion draft of a new FDIC policy on Bank Capital Distributions During Unusual and Exigent Circumstances at the December 2024 meeting of the FDIC Board of Directors.

Director Chopra presented a discussion draft of a new FDIC policy on the Annunzio-Wylie Anti-Money Laundering Act of 1992 at the December 2024 meeting of the FDIC Board of Directors.

The CFPB released a special edition of its Supervisory Highlights describing a range of unlawful activities identified by CFPB examiners across student loan markets.

The CFPB released its annual report on trends in the residential mortgage lending market.

The CFPB took action to close an outdated overdraft loophole that exempted overdraft loans from lending laws.

Joint letter from the CFPB and IHS to medical providers, suppliers, billers, and debt collectors re: improper bills.

CFPB Advisor and Student Loan Ombudsman Julia Barnard delivered remarks to the Consumer Federation of America “Looking to the Future of Student Borrower Protection."

The CFPB took action to address unlawful student loan debt collection practices by Performant Recovery, Inc. against defaulted borrowers.

The CFPB launched a rulemaking to address the harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse.

The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over Google Payment Corp.

The CFPB sued Comerica Bank for systematically failing its 3.4 million Direct Express cardholders - primarily unbanked Americans receiving federal benefits.

The CFPB is distributing $1.8 billion to 4.3 million consumers charged illegal junk fees by credit repair companies including Lexington Law and CreditRepair.com.

The CFPB took action against student lender Climb Credit and its investors, including 1/0 (“One Zero”), which if entered will require the companies to stop making representations in their advertising about the quality of the training programs at their partner schools and graduates’ hiring rates and salaries.

The CFPB permanently banned Student Loan Pro and Judith Noh, its owner, from providing consumer financial products after violations of the Telemarketing Sales Rule.

Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement today to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation.

The CFPB today proposed a rule to rein in data brokers that sell Americans' sensitive personal and financial information.