On November 20, 2023, the Bureau issued an order against Toyota Motor Credit Corporation (“Toyota Credit”), which is the United States-based auto-financing arm of Toyota Motor Corporation and one of the largest indirect auto lenders in the country.
Thank you all for joining us today for the release of our study on reverse mortgage advertisements. Right now, we are experiencing the greying of America...
Today the Bureau has come here to talk about debt collection and credit reporting, both in general and more specifically as they relate to medical debt...
Our youth financial education activities occasionally include links to helpful tools, information, and materials from other agencies and organizations. We’ve organized these resources in one place so you can easily explore them for your classroom teaching and learning.
Today's event follows similar industry roundtables on debt collection practices that the FTC organized. These have proven valuable in surfacing important...
The most common ways to get an auto loan are through your car dealer or a bank or credit union. Learn the differences and how to compare offers to get the best loan.
Becoming a homeowner is a big decision—both personally and financially. As you decide whether owning a home is the right choice for you right now, here are...
Today, the Bureau proposed additional measures to ensure that homeowners and struggling borrowers are treated fairly by mortgage servicers. The proposal...
The Consumer Financial Protection Bureau issued a notice of proposed rulemaking that would amend Regulation Z to provide a new exemption available to certain insured depository institutions and insured credit unions from the requirement to establish escrow accounts for certain higher-priced mortgage loans.
"Our proposed redesign of the federal mortgage forms provides much-needed transparency in the mortgage market and gives consumers greater power over the...
Principal, Interest, Taxes, and Insurance, known as PITI, are the four basic elements of a monthly mortgage payment.
At the start of this year, nearly one in four mortgages was underwater and 4.5 million mortgages were seriously delinquent. And today, some studies estimate...
Credit reporting companies can send your credit report to creditors, government authorities, landlords, employers, insurance companies, and others.
Today, the Bureau initiated an administrative proceeding against PHH Corporation and its affiliates (PHH), alleging PHH harmed consumers through a mortgage...
Companies Hid Loan Interest Rates and Fees and Deceived Consumers About Other Terms of the Deal Today the Bureau and the New York Department of Financial...
Military parents can use back-to-school season as an opportunity to teach their children money management lessons. Here are some basic guidelines and resources.
The Bureau today finalized new measures to ensure that homeowners and struggling borrowers are treated fairly by mortgage servicers. The updated rule...
My name is Rohit Chopra, and I serve as an Assistant Director at the Bureau, where I lead an office that focuses on issues facing students and young...
Today we are pleased to announce that the Consumer Bureau and the Financial Services Roundtable are joining together to promote effective financial...
The examination process will be an ongoing process of pre-examination scoping and review of information, data analysis, onsite examinations, and regular...
