These procedures provide guidance for examinations of reverse mortgage servicers. After completing the risk assessment and examination scoping, examiners...
Find answers to questions about getting a mortgage, paying your mortgage, or reverse mortgages.
The Consumer Financial Protection Bureau is adopting a final rule that codifies the Interagency Statement Clarifying the Role of Supervisory Guidance.
Five federal financial regulatory agencies are gathering insight on financial institutions’ use of artificial intelligence (AI). The agencies seek information from the public on how financial institutions use AI in their activities, including fraud prevention, personalization of customer services, credit underwriting, and other operations.
The CFPB is seeking public comment on an interagency proposed rule establishing data standards to promote interoperability of financial regulatory data across these agencies.
The Bureau is amending Regulation C to extend to January 1, 2022 the threshold of 500 open-end lines of credit for reporting data about open-end lines of credit and to incorporate into Regulation C the partial exemptions created by the Economic Growth, Regulatory Relief, and Consumer Protection Act.
Today, the Bureau issued a report detailing mortgage servicing problems at banks and nonbanks. The report also found that many nonbanks lack robust systems...
The Bureau is proposing to amend Regulation X, which implements the Real Estate Settlement Procedures Act of 1974 (RESPA) and the official interpretation of...
Prepared remarks of Rohit Chopra at the University of Pennsylvania Law School.
Five federal agencies today issued a joint statement explaining the role of supervisory guidance for regulated institutions.
The CFPB today settled its lawsuit against Freedom Debt Relief, LLC, the nation’s largest debt-settlement services provider.
Join the Consumer Financial Protection Bureau and the Federal Trade Commission for a deep dive into remedy design in the age of AI.
New analysis in our Making Ends Meet series shows consumers’ finances improved during the pandemic as pandemic policies protected consumers.
Prepaid cards have different features, functions, and fees. To decide which prepaid card is right for you, learn about your choices. Compare the fees to how you will use the card.
New Jersey has made great progress on a range of crucial consumer protection issues, from last year’s legislation providing important protections against predatory lending by for-profit schools to building momentum on basic debt collection standards to fighting off efforts to allow problematic earned wage access products.
Bureau Issues Consumer Advisory with Tips for Older Americans Dealing with Harassing Debt Collectors Today, the Bureau released a report highlighting debt...
The government filed an amicus brief with the U.S. Court of Appeals for the Fourth Circuit arguing that the Military Lending Act covers a loan issued to a...
CFPB Director and FDIC Board Member Rohit Chopra’s statement on the notice of proposed rulemaking regarding the Community Reinvestment Act.
This rule proposes amendments to certain mortgage rules issued by the Bureau in January 2013. These proposed amendments focus primarily on clarifying...
The OCC, the Board and the Bureau are proposing to amend the official interpretations for their regulations that implement section 129H of the Truth in...
