Ally to Pay Additional $18 Million in Civil Penalties for Harming More Than 235,000 Minority Borrowers.
CFPB is ordering Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest product lines.
Thank you for joining us. I am glad to be in Charleston as we explore some new frontiers for consumer access to credit.
Today, the Consumer Bureau is issuing a new regulation to expand our supervision program to oversee these credit reporting companies. The authority to...
It is a real pleasure for me to have the chance to spend some time with you today. As you know, the Bureau is committed to bringing a data-driven...
In 2017, Equifax announced a breach that exposed the personal data of approximately 147 million people. Payments for claims filed for out-of-pocket losses, time spent, and other cash benefits are now being sent. If you filed a claim, keep an eye out for your payment.
From my work with Jump$tart over the years, I know you to be a leader in improving financial literacy from kindergarten to college.
Our efforts reflect concern about access to credit and do not reflect a one-sided perspective to maximize consumer protection or industry deterrence at all costs. There is such a thing as doing too little, and there is such a thing as doing too much. We are aiming instead at doing justice.
Today, the Consumer Bureau is issuing a new regulation to expand our supervision program to oversee these credit reporting companies. The authority to...
Prepared Remarks of CFPB Director Richard Cordray at the American Association of Family and Consumer Sciences Conference in Dallas, Texas.
Understand key terms related to mortgages in English.
Find answers to questions about getting a mortgage, paying your mortgage, or reverse mortgages.
Thank you and let me welcome you all to my home state, the Buckeye State of Ohio. In particular, I thank President and CEO Cornell William Brooks and...
The tool helps students with financial aid offers decide whether to enroll in a specific school and how to pay for it, using data and guidelines. This page explains where and how we got those numbers and guidelines.
Prepared remarks by Seth Frotman, General Counsel and Senior Advisor to the Director, given at the University of Michigan on January 7, 2025.
A letter written by Director Rohit Chopra to Senator Monique Limón of the California State Senate.
It has a chance to define clear goals for the agency and a chance to set a direction that is good for families, good for those in the industry who want to...
I would like to thank the Association of Military Banks and Andy Egeland for inviting me to be with you here today. As the Director of the Bureau, I...
Holly Petraeus will take on a new role at the CFPB Implementation Team, directing our effort to establish an Office of Servicemember Affairs.
This is the first episode of a three-episode “managing your money series,” which will discuss tips about how to financially prepare to pay for higher education and key financial questions you should explore before making a college or higher education decision.
