CFPB Begins Accepting Payday Loan Complaints
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is now accepting complaints from borrowers encountering problems with payday loans. Payday loans, also known as “cash advances” or “check loans,”…
Secretary Blinken’s Call with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud
The below is attributable to Principal Deputy Spokesperson Vedant Patel: Secretary of State Antony J. Blinken spoke with Foreign Minister Prince Faisal bin Farhan Al Saud. Secretary Blinken and the…
CFPB Takes Action Against Castle & Cooke For Steering Consumers Into Costlier Mortgages
Company to Pay $9 Million in Restitution and $4 Million in Civil Penalties Update November 13, 2013: A copy of the final order can be found at https://files.consumerfinance.gov/f/201311_cfpb_final-order_castle-cooke.pdf WASHINGTON, D.C.…
CFPB Launches Tool to Help Consumers Find Housing Counselors
Offers Guidance to Industry on Providing List of Homeownership Counseling Organizations to Consumers WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) launched a tool to help consumers find…
The CFPB and City of Columbus Team Up to Help Local Consumers with Questions and Complaints
Columbus Consumers Can Call 311 to Connect with the CFPB About Financial Issues WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) and the City of Columbus announced a…
The CFPB Takes Action Against Mortgage Insurer to End Illegal Kickbacks to Lenders
Republic Mortgage Insurance Corporation to Pay $100,000 Fine and Halt Illegal Activity WASHINGTON, DC — The Consumer Financial Protection Bureau (CFPB) today took action against Republic Mortgage Insurance Corporation (RMIC),…
The CFPB Finds Financial Education Programs are Significantly Outspent by Financial Marketing
Consumers Need Improved Access to Financial Education to Make Responsible Financial Choices WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau published a report analyzing the amount of money spent…
CFPB Finalizes “Know Before You Owe” Mortgage Forms
New Forms Improve Consumer Understanding, Aid Comparison Shopping, and Help Prevent Surprises Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) is issuing a rule today requiring easier-to-use mortgage disclosure…
Consumer Financial Protection Bureau Takes Action Against Payday Lender For Robo-Signing
Cash America to Refund up to $14 Million for Robo-Signing and Illegally Overcharging Servicemembers Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took its first enforcement action against…
CFPB to Oversee Nonbank Student Loan Servicers
Rule Brings New Oversight to Rapidly Growing Market Affecting Tens of Millions of Consumers WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) issued a rule today that allows the…