CFPB Outlines Principles For Consumer-Authorized Financial Data Sharing and Aggregation
Bureau Seeks to Ensure a Workable Data Aggregation Market That Gives Consumers Protection and Value.
Newsroom archive
CFPB Finalizes Rule To Stop Payday Debt Traps
Lenders Must Determine If Consumers Have the Ability to Repay Loans That Require All or Most of the Debt to be Paid Back at Once.
Prepared Remarks of CFPB Director Richard Cordray on the Payday Rule Press Call
After a long process of research, outreach, and review of over one million public comments, the Consumer Bureau today has issued a rule aimed at stopping debt traps on payday and auto title loans.
Prepared Remarks of CFPB Director Richard Cordray at the Ohio Land Bank Conference
For more than five years now, I have had the honor to serve our country as the first director of the new U.S. Consumer Financial Protection Bureau. In that time, we have built a brand-new federal agency from scratch.
CFPB Warns Companies Against Tricking Consumers Into Expensive Pay-By-Phone Fees
Bureau Concerned About Companies Misleading Consumers About Pay-By-Phone Fees, Keeping Them in the Dark About Much Cheaper Options.
Prepared Remarks of CFPB Director Richard Cordray at the Consumer Advisory Board Meeting
Welcome to this meeting of the Consumer Advisory Board. We find great value in the dialogue we have with our CAB members, who share with us their perspective, their expertise, and their experience.
CFPB Oversight Uncovers And Corrects Credit Reporting Problems
Bureau Report Outlines Accuracy and Other Issues That Bureau Supervision Has Taken Action to Address.
CFPB Monthly Complaint Snapshot Spotlights Debt Settlement, Check Cashing, and Other Financial Service Complaints
Report Also Includes In-Depth Look at Consumer Complaints from Oklahoma.
CFPB Warns Financial Companies About Sales and Production Incentives That May Lead to Fraud or Consumer Abuse
Unchecked Incentives Can Produce Unauthorized Account Openings, Deceptive Sales Tactics, and Other Illegal Practices.
CFPB Sues Participants in Robo-Call Phantom Debt Collection Operation
Bureau Also Obtains a Temporary Restraining Order to Halt Illegal Operation and Freeze Assets of Operation's Leaders The Bureau announced today that it has...
CFPB, FTC and States Announce Sweep Against Foreclosure Relief Scammers
The Bureau, the Federal Trade Commission (FTC), and 15 states announced a sweep against foreclosure relief scammers that used deceptive marketing tactics to...
CFPB Orders GE CareCredit to Refund $34.1 Million for Deceptive Health-Care Credit Card Enrollment
More than 1 Million Consumers Were Potential Victims of Misleading Practices Today the Bureau is ordering GE Capital Retail Bank and its subsidiary...
The CFPB Issues Procedural Rule on Supervising Nonbanks that Pose Risks to Consumers
Nonbanks subject to the rule are companies that offer or provide consumer financial products or services but do not have a bank, thrift, or credit union...
CFPB Proposes Rule to Oversee Nonbank Student Loan Servicers
Today's proposed rule would expand that supervision to certain nonbanks. The rule would define certain nonbank student loan servicers as "larger...
Prepared Remarks of Richard Cordray Before Independent Community Bankers of America
We have done good work together, and we have much more good work ahead of us. And so I want to start by thanking all of you for your help and your...
Remarks of CFPB Acting Deputy Director Steve Antonakes
The Consumer Bankers Association and the Bureau have enjoyed a cooperative working relationship since the Bureau's inception which I believe has benefited...
CFPB Proposes Procedural Rule on Supervising Nonbanks that Pose Risks to Consumers
"This is an important step in the development of our nonbank supervision program," said CFPB Director Richard Cordray. "This proposal allows us to reach...
CFPB to Hold Financial Institutions and their Service Providers Accountable
The Bureau will take a close look at service providers' interactions with consumers. It will hold all appropriate companies accountable when legal...
CFPB Launches Nonbank Supervision Program
This will be an extension of the CFPB’s bank supervision program that began last July and will ensure that banks and nonbanks follow federal consumer financial laws.
Consumer Financial Protection Bureau Seeks Public Input On Key Element Of Nonbank Supervision Program
To prepare for this eventual rulemaking, the CFPB is seeking public input through a Notice and Request for Comment, which identifies six markets for...
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