CFPB to Supervise Credit Reporting
First Time Market Has Been Subject to Federal Supervision WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) adopted a rule today to begin supervising larger consumer reporting agencies, which…
CFPB Probe into Capital One Credit Card Marketing Results in $140 Million Consumer Refund
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) announced its first public enforcement action with an order requiring Capital One Bank (U.S.A.), N.A. to refund approximately $140 million…
CFPB and U.S. Department of Education Joint Report Finds a Cycle of Boom and Bust in Private Student Loan Market
Study Finds Risky Practices and Loose Underwriting Result in More Borrowers, More Debt WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau and the U.S. Department of Education released a…
CFPB Releases Report Showcasing 2012 Highlights
CFPB’s Semi-Annual Report Describes Use of Its Multiple Authorities to Help Consumers WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released its Semi-Annual Report highlighting the Bureau’s work…
CFPB Makes International Money Transfers Easier for Certain Financial Institutions
Updated Rule Clarifies Process for Community Banks, Credit Unions, and other Financial Institutions WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today updated its international money transfer rule to…
CFPB Proposes Rules to Protect Mortgage Borrowers
Rules Would Establish Standards to Prevent Servicer Mistakes and Surprises WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today proposed two notices containing rules to protect homeowners from surprises…
CFPB Proposes Rule to Improve Consumer Access to Appraisal Reports
Rule Would Give Consumers Additional Rights to Information on How a Home Value is Determined WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released a proposed rule that…
U.S. Department of State Announces Reward Offers for Information Leading to the Arrests and/or Convictions of Three Transnational Criminals Violating DPRK Sanctions
Today, the U.S. Department of State, through the Transnational Organized Crime Rewards Program (TOCRP), is announcing a reward offer of up to $5,000,000 for information leading to the arrest and/or…
Agencies Issue Proposed Rule on Appraisals for Higher-Risk Mortgages
Joint Release Board of Governors of the Federal Reserve System Consumer Financial Protection Bureau Federal Deposit Insurance Corporation Federal Housing Finance Agency National Credit Union Administration Office of the Comptroller…
Israel National Day – United States Department of State
On behalf of the United States of America, I want to offer congratulations to all Israelis on the 75th anniversary of Israel’s statehood. Ever since President Truman recognized the State…