Statement of CFPB Director Richard Cordray on BMO Harris Auto Lending Policy
WASHINGTON, D.C. — Consumer Financial Protection Bureau (CFPB) Director Richard Cordray issued the following statement responding to news that BMO Harris Bank plans to pay auto dealers a flat percentage…
CFPB Proposes Minor Changes to Mortgage Rules to Ensure Access to Credit
Proposal Would Assist Nonprofits and Allow for Refunds of Excess Points and Fees for Qualified Mortgages Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) is proposing minor adjustments…
CFPB Releases Tools To Protect Foster Care Children From Credit Reporting Problems
Bureau Publishes Action Letters for Child Welfare Caseworkers to Send to Credit Bureaus Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action to better protect children in…
Under Secretary of State for Political Affairs Nuland’s Travel to Japan and Mongolia
Under Secretary Nuland accompanied Secretary Blinken to the G7 Foreign Ministers’ Meeting in Karuizawa, Japan, April 16-18. She will then travel on to Ulaanbaatar, Mongolia to meet with senior Mongolian…
CFPB Proposes Rule to Promote More Effective Privacy Disclosures
Rule Would Benefit Companies That Limit Consumer Data-Sharing Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today proposed a rule to promote more effective privacy disclosures from financial institutions…
CFPB Spotlights Mortgage Debt Challenges Faced By Older Americans
CFPB Issues Advisory about Managing Mortgage Debt in Retirement WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) released a snapshot report spotlighting the mortgage debt challenges faced by…
CFPB Study Finds Medical Debt Overly Penalizes Consumer Credit Scores
Study Finds Credit Scores Underestimate Creditworthiness for Consumers Who Owe and Repay Medical Debt WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) released a research report that found…
Secretary Antony J. Blinken And Japanese Prime Minister Fumio Kishida Before Their Meeting
PRIME MINISTER KISHIDA: (Via interpreter) Well, Secretary Blinken, first of all, allow me to welcome you back to Japan. SECRETARY BLINKEN: Thank you. PRIME MINISTER KISHIDA: (Via interpreter) With the…
CFPB Supervision Report Highlights Risky Practices In Nonbank Markets
Overall CFPB Supervision Activities Return More than $70 Million to 775,000 Consumers WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a report highlighting illegal actions uncovered by…
CFPB Takes Action Against RealtySouth for Mortgage Disclosure Violations
Bureau Orders Alabama Realty Firm to Pay $500,000 WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) ordered RealtySouth, the largest real estate firm in Alabama, to pay $500,000…