CFPB Issues Proposed Modifications to Mortgage Rules
Proposal Would Resolve Implementation Issues and Clear Way for Better Consumer Protections WASHINGTON, D.C. —Today the Consumer Financial Protection Bureau (CFPB) proposed clarifications and some narrow revisions to its January…
Deputy Secretary Sherman’s Meeting with French Director General for Foreign Relations and Strategy Rufo
The following is attributable to Principal Deputy Spokesperson Vedant Patel: Deputy Secretary of State Wendy Sherman met today with French Director General for Foreign Relations and Strategy at the Ministry…
The CFPB Issues Procedural Rule on Supervising Nonbanks that Pose Risks to Consumers
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) issued a rule that establishes procedures to bring under its supervisory authority certain nonbanks whose activities it has reasonable cause…
Deputy Secretary Sherman’s Meeting with Republic of Korea Ambassador to the United States Cho
The following is attributable to Principal Deputy Spokesperson Vedant Patel: Deputy Secretary of State Wendy Sherman met with the Republic of Korea (ROK) Ambassador to the United States Cho Hyundong…
CFPB Orders Auto Lenders to Refund Approximately $6.5 Million to Servicemembers
MILES Program Engaged in Deceptive Marketing and Lending Practices WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) ordered U.S. Bank and one of its nonbank partner companies, Dealers’…
Secretary Blinken’s Diplomacy to Arrange an Eid al-Fitr Ceasefire in Sudan
The following is attributable to Vedant Patel, Principal Deputy Spokesperson: Secretary of State Antony J. Blinken participated today in a special ministerial session under the leadership of African Union Commission…
CFPB Finalizes April Clarifications to Mortgage Rules
Rule Will Improve Consumer Protections in Qualified Mortgages and Mortgage Servicing WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) finalized corrections, clarifications, and amendments to its Ability-to-Repay and…
The CFPB Puts Companies on Notice About Harmful Debt Collection Practices
CFPB Publishes Action Letters for Consumers and Begins Taking Debt Collection Complaints WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) put companies on notice through bulletins advising that…
Agencies Issue Proposed Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
WASHINGTON, D.C.— Six federal financial regulatory agencies today issued a proposed rule that would create exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The proposed exemptions…
Statement on Arrests of Political Opponents in Tunisia
The arrests by the Tunisian government of political opponents and critics are fundamentally at odds with the principles Tunisians adopted in a constitution that explicitly guarantees freedom of opinion, thought,…