CFPB Launches Inquiry into Junk Fees in Mortgage Closing Costs
The Consumer Financial Protection Bureau (CFPB) today launched a public inquiry into junk fees that are increasing mortgage closing costs.
Newsroom archive
Prepared Remarks of CFPB Director Rohit Chopra at a White House Event Convening on Mortgage Closing Costs
CFPB Director Rohit Chopra delivered prepared remarks on the agency’s public inquiry into junk fees in mortgage closing costs.
Prepared Remarks of CFPB Director Rohit Chopra at the Mortgage Bankers Association
CFPB Director Rohit Chopra delivered prepared remarks at the Mortgage Bankers Association annual expo.
Prepared Remarks of CFPB Director Rohit Chopra Regarding the Supreme Court’s Decision in CFPB v. CFSA
CFPB Director Rohit Chopra provided remarks regarding the Supreme Court’s decision in CFPB v. CFSA.
CFPB Finds 15 Million Americans Have Medical Bills on Their Credit Reports
The CFPB today released research showing that 15 million Americans still have medical bills on their credit reports despite changes by Equifax, Experian, and TransUnion.
CFPB Letter to Connecticut State Legislature on Barring Medical Bills on Credit Reports
A letter written by Brian Shearer, CFPB Assistant Director of the Office of Policy Planning and Strategy, to Senator Matt Lesser of the Connecticut State Senate
Prepared Remarks of Seth Frotman, General Counsel and Senior Advisor to the Director Consumer Financial Protection Bureau, at the National Consumer Law Center/National Association of Consumer Advocates Spring Training
General Counsel of the CFPB Seth Frotman provided a statement regarding the National Consumer Law Center / National Association of Consumer Advocates Spring training.
CFPB Finds Violations of Credit Report Accuracy Requirements, Including for Survivors of Human Trafficking
The CFPB today published an edition of Supervisory Highlights to share key findings from recent examinations about continuing accuracy problems in the credit reporting system.
CFPB Letter to California State Legislature on Barring Medical Bills on Credit Reports
A letter written by Director Rohit Chopra to Senator Monique Limón of the California State Senate.
CFPB Addresses Inaccurate Background Check Reports and Sloppy Credit File Sharing Practices
The Consumer Financial Protection Bureau issued guidance to consumer reporting companies to address inaccurate background check reports, as well as sloppy credit file sharing practices.
CFPB Shuts Down Commonwealth Financial Systems for Illegal Debt Collection Practices
The Consumer Financial Protection Bureau took action against Commonwealth Financial Systems for illegally trying to collect unverified medical debts.
CFPB Orders Toyota Motor Credit to Pay $60 Million for Illegal Lending and Credit Reporting Misconduct
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.
CFPB Report Highlighting Consumer Protection Issues in Medical Debt Collection
The Consumer Financial Protection Bureau (CFPB) issued a report highlighting medical debt collections and challenges faced by American families.
Prepared Remarks of CFPB Enforcement Director Eric Halperin on the TransUnion Enforcement Actions
Credit reporting agencies have a responsibility to ensure that consumers’ personal data is accurate and secure.
CFPB and FTC Take Actions Against TransUnion for Illegal Rental Background Check and Credit Reporting Practices
The CFPB and Federal Trade Commission took action against a rental screening subsidiary of the TransUnion conglomerate.
Consumer advisory: People have the right to cancel credit repair services
Under a recent CFPB enforcement action, customers who signed up for credit repair services that were marketed to them through telemarketing can cancel their credit repair services anytime.
CFPB Kicks Off Rulemaking to Remove Medical Bills from Credit Reports
The Consumer Financial Protection Bureau (CFPB) today announced it is beginning a rulemaking process to remove medical bills from Americans’ credit reports.
Prepared Remarks of CFPB Director Rohit Chopra on Medical Debt at a Press Call Hosted by Vice President Kamala Harris
The Consumer Financial Protection Bureau is launching a rulemaking to block medical debt collectors from weaponizing the credit reporting system to coerce patients into paying bills they may not even owe.
CFPB Issues Guidance on Credit Denials by Lenders Using Artificial Intelligence
Today, the Consumer Financial Protection Bureau (CFPB) issued guidance about certain legal requirements that lenders must adhere to when using artificial intelligence and other complex models.
CFPB Reaches Multibillion Dollar Settlement with Credit Repair Conglomerate
Largest credit repair brands in America, including Lexington Law and CreditRepair.com, perpetrated yearslong scheme to illegally harvest billions in fees.
Remarks of CFPB Director Rohit Chopra at White House Roundtable on Protecting Americans from Harmful Data Broker Practices
The United States has a long history of recognizing the sanctity of protecting against unwanted intrusions into our homes and our lives.
Prepared Remarks of Director Rohit Chopra for Community Table on White House Blueprint for a Renters Bill of Rights
Director Chopra provided prepared remarks at an event hosted by the U.S. Department of Housing and Urban Development on tenant rights.
Director Chopra’s Prepared Remarks on the Interagency Enforcement Policy Statement on “Artificial Intelligence”
Director Chopra provided remarks on an interagency press conference to announce the Joint Statement on Enforcement Efforts Against Discrimination and Bias in Automated Systems.
Written Testimony of James S. Rice, Assistant Director, Office of Servicemember Affairs, before the U.S. Senate Committee on Veterans’ Affairs
CFPB Office of Servicemember Affairs Assistant Director Jim Rice discusses recent CFPB efforts to understand the veteran financial experience, enforce the law, and coordinate efforts across the federal government and in the states.
CFPB Launches Inquiry Into the Business Practices of Data Brokers
The Consumer Financial Protection Bureau (CFPB) has launched an inquiry into companies that track and collect information on people’s personal lives.
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