Consumer Financial Protection Bureau Warns Mortgage Servicers About Legal Protections for Consumers When Transferring Loans
CFPB to closely monitor transfer activity at bank and nonbank servicers WASHINGTON, D.C. —The Consumer Financial Protection Bureau (CFPB) today issued a bulletin advising mortgage companies about their legal obligations…
CFPB Lays Out Implementation Plan for New Mortgage Rules
Bureau to Publish Plain-Language Guides WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today announced a plan it will implement over the next year that focuses on the mortgage…
Consumer Financial Protection Bureau Takes First Step to Develop Student Loan Affordability Plan
Bureau to Pursue Alternative Repayment Options for Private Student Loan Borrowers WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) announced that it is gathering information to develop options…
Acting Assistant Secretary of State for the Bureau of Democracy, Human Rights, and Labor Barclay’s Travel to Belgium
Acting Assistant Secretary of State for Democracy, Human Rights, and Labor Erin Barclay will travel to Belgium on April 23-26, where she will lead the U.S. delegation to the 2023…
Statement by CFPB Director Richard Cordray Regarding the Departure of Federal Trade Commission Chairman Jon Leibowitz
“The Consumer Financial Protection Bureau is grateful for Chairman Leibowitz’s dedication to protecting consumers. His stalwart leadership and commitment to teamwork have enabled a strong and enduring partnership between the…
Assistant Secretary Noyes Travels to Chile and Costa Rica
Assistant Secretary for the Bureau of Population, Refugees, and Migration Julieta Valls Noyes will travel to Chile on April 24 – 25 and Costa Rica on April 26 – 27.…
CFPB Proposes Rule to Oversee Nonbank Student Loan Servicers
Rule Would Bring New Oversight to Rapidly Growing Market Affecting Tens of Millions of Consumers WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) proposed a rule today that would…
CFPB to Hold Auto Lenders Accountable for Illegal Discriminatory Markup
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released a bulletin explaining that certain lenders that offer auto loans through dealerships are responsible for unlawful, discriminatory pricing. Potentially…
CFPB Finalizes Credit CARD Act Rule
Rule Issued in Response to Federal Court Ruling WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) finalized a revision to a 2011 rule that the Federal Reserve Board (Board)…
CFPB Releases Largest Collection of Federal Consumer Financial Complaint Data
90,000 Searchable Complaints on Mortgages, Bank Accounts and Services, Student Loans, and Credit Cards WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) goes live with the nation’s largest…