Justice-Involved Individuals and the Consumer Financial Marketplace
This report outlines challenges faced by justice-involved people and their families in navigating their finances at each stage of the criminal justice system.
Reports
We study how consumers interact with financial products and services to help identify potential problems in the marketplace and achieve better outcomes for all. Review our reports and analyses to help inform your decisions, policies, and practices. And, see reports that we periodically prepare about the CFPB.
Data point: Mortgage trends
This Bureau Data Point article describes 2020 mortgage market activity and trends using data reported under the Home Mortgage Disclosure Act (HMDA).
Data Spotlight: Suspicious Activity Reports on Elder Financial Exploitation
In 2020, financial institutions filed over 62,000 Suspicious Activity Reports (SARs) to report suspected elder financial exploitation (EFE) involving over $3.4 billion.
Supervisory Highlights Consumer Reporting Special Edition, Issue No. 20 (Fall 2019)
In this special issue of Supervisory
Highlights, we report examination findings in the areas of consumer reporting and furnishing
of information to consumer reporting companies, pursuant to the Fair Credit
Reporting Act and Regulation V. The report does not impose any new or different
legal requirements, and all violations described in the report are based only
on those specific facts and circumstances noted during those examinations.
Reporting of Suspected Elder Financial Exploitation by Financial Institutions: An update to the 2016 Advisory and Recommendations
This Advisory Update focuses on financial institution reporting of elder financial exploitation to federal, state and local first responders.
Convening communities to build elder fraud prevention and response networks
This report describes the outcomes of the Bureau-initiated community convenings in Florida, Oklahoma, Tennessee, Montana, and Oregon. The purpose of the report is to share the learnings and achievements from the convenings to encourage the establishment of new or enhance existing networks and help communities improve coordination and collaboration between responders and service providers.
Suspicious Activity Reports on Elder Financial Exploitation: Issues and Trends
This report identifies key patterns revealed in Suspicious Activity Reports (SARs) on elder financial exploitation filed by financial institutions with the Financial Crimes Enforcement Network (FinCEN) from 2013 to 2017.
Report and Recommendations: Fighting Elder Financial Exploitation through Community Networks
Hundreds of communities across the United States have created collaborative networks to protect their older residents. This report highlights what elder financial exploitation prevention and response networks do, how they work, how they can work better, and how they can be established.
Recommendations and report for financial institutions on preventing and responding to elder financial exploitation
Banks and credit unions are uniquely positioned to detect elder financial exploitation and to take action. This advisory and report include best practices identified by the Consumer Financial Protection Bureau to help banks and credit unions protect older account holders.