CFPB Takes Actions Against Credit Repair Companies for Charging Illegal Fees and Misleading Consumers
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today filed two complaints and proposed final judgments in federal court against four California-based credit repair companies and three individuals for…
CFPB Releases State-Level Snapshot of Consumer Complaints
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released a special edition of its monthly complaint report, providing a snapshot of consumer complaints submitted across the country. For…
CFPB Finalizes Updates to “Know Before You Owe” Mortgage Disclosure
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today finalized updates to its “Know Before You Owe” mortgage disclosure rule with amendments that are intended to formalize guidance in…
CFPB 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 Issues Rule to Ban Companies From Using Arbitration Clauses to Deny Groups of People Their Day in Court
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today announced a new rule to ban companies from using mandatory arbitration clauses to deny groups of people their day in…
Prepared Remarks of CFPB Director Richard Cordray at the Rainbow/PUSH Coalition’s 46th Annual Convention
Thank you for having me. I also want to thank the Reverend Jackson for his continuing support of the Consumer Financial Protection Bureau and for the invitation to join you.…
CFPB Proposes Changes to Mortgage Data Rule Reporting Threshold for Community Banks and Credit Unions
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a proposal on reporting requirements for banks and credit unions that issue home-equity lines of credit. Under rules that…
Secretary Antony J. Blinken at Finland’s NATO Instruments of Accession Ceremony
SECRETARY BLINKEN: Well, Secretary General, Mr. Minister, I’m delighted to report that just a few moments ago, Türkiye deposited with me, on behalf of the United States, Türkiye’s ratification of…
CFPB Warns Companies Against Tricking Consumers Into Expensive Pay-By-Phone Fees
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today issued a bulletin warning companies about tricking consumers into expensive pay-by-phone fees. The Bureau is concerned about companies potentially misleading…
CFPB Takes Action Against JPMorgan Chase for Failures Related to Checking Account Screening Information
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against JPMorgan Chase Bank, N.A. for failures related to information it provides for checking account screening reports. Banks…