CFPB Launches Consumer Complaint Database
CFPB Also Releases Snapshot Report of Complaints to June 1 WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) launched a public Consumer Complaint Database on credit cards. The…
FTC Testifies Before House Appropriations Subcommittee
The Federal Trade Commission appeared before the House Appropriations Subcommittee on Financial Services and General Government to discuss its FY 2024 budget request and the agency’s ongoing work to ensure…
Consumer Financial Protection Bureau and prudential regulators issue joint guidance to address mortgage servicer practices that impact servicemembers
Guidance Highlights Protections for Military Homeowners With Permanent Change of Station Orders WASHINGTON, D.C. —The Consumer Financial Protection Bureau (CFPB) along with the prudential regulators – the Board of Governors…
Statement Regarding the Termination of CalPortland Company’s Attempted Acquisition of Assets Owned by Rival Cement Producer Martin Marietta Materials, Inc.
In response to the announcement that cement producer CalPortland Company has terminated its proposed $350 million acquisition of assets from a rival cement producer in Southern California, Martin Marietta Materials,…
CFPB Report Finds Confusion in Reverse Mortgage Market
Bureau Seeks Additional Consumer Input on Reverse Mortgages WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released a report highlighting the risks for American consumers as they struggle…
CFPB Adopts Rule for the Protection of Privileged Information
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today adopted a rule to codify protections for privileged information submitted to the Bureau by the financial institutions it regulates. “We…
CFPB Proposes “Know Before You Owe” Mortgage Forms
CFPB also Proposes Rules to Expand Consumer Protections for High-Cost Mortgages WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is proposing easier-to-use mortgage disclosure forms that will help…
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…