Consumer Financial Protection Bureau Proposes Updates To “Know Before You Owe” Mortgage Disclosure Rule
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today proposed updates to its Know Before You Owe mortgage disclosure rule. The proposed amendments are intended to formalize guidance in…
Consumer Financial Protection Bureau Outlines Guiding Principles For The Future Of Foreclosure Prevention
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today outlined consumer protection principles to guide mortgage servicers, investors, government housing agencies, and policymakers as they develop new foreclosure relief…
Consumer Financial Protection Bureau Expands Foreclosure Protections
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today finalized new measures to ensure that homeowners and struggling borrowers are treated fairly by mortgage servicers. The updated rule requires…
Sanctioning Illicit Darknet Marketplace – United States Department of State
Today, the United States designated Genesis Market, a hacking group that is also one of the world’s largest illicit marketplaces for stolen device credentials and related sensitive information. Genesis Market…
Consumer Financial Protection Bureau Finds Consumers Complain Of Needless Hurdles In Applying For Lower Student Loan Payments
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman released a report finding consumers complain of servicing problems that make it difficult to get lower student…
Consumer Financial Protection Bureau Announces New Advisory Board And Council Members
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) announced the appointment of new consumer experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory…
CFPB Takes Action Against Wells Fargo for Illegal Student Loan Servicing Practices
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against Wells Fargo Bank for illegal private student loan servicing practices that increased costs and unfairly penalized certain…
Consumer Financial Protection Bureau Report Finds Hundreds of Counties Nationwide Fighting Elder Financial Abuse with Community Efforts
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released a report that found that hundreds of counties around the country have developed coordinated community-based efforts to prevent, detect,…
CFPB Orders First National Bank of Omaha to Pay $32.25 Million for Illegal Credit Card Practices
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has ordered First National Bank of Omaha to provide $27.75 million in relief to roughly 257,000 consumers harmed by illegal practices…
Consumer Financial Protection Bureau Monthly Complaints Snapshot Spotlights Bank Account and Service Complaints
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot highlighting consumer complaints about bank accounts and services. The report shows that consumers continue to…