CFPB Report Finds Sharp Increase In Riskier Longer-Term Auto Loans
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a report on auto loan trends that found a sharp increase in riskier longer-term auto loans. According to the…
Deputy Secretary Sherman’s Meeting with Finnish Permanent State Secretary Salovaara
Deputy Secretary of State Wendy Sherman met with Finnish Permanent State Secretary Jukka Salovaara today. The Deputy Secretary congratulated Finland on its plans to become NATO’s newest Ally on April…
CFPB Sues Freedom Debt Relief For Misleading Consumers About Its Debt-Settlement Services
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today filed a lawsuit against Freedom Debt Relief, the nation’s largest debt-settlement services provider, and its co-CEO Andrew Housser for deceiving…
CFPB Sues Think Finance For Collecting On Debts That Consumers Did Not Legally Owe
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today filed suit against Think Finance for its role in deceiving consumers into repaying loans that were not legally owed. In…
CFPB Fines Xerox Business Services $1.1 Million for Incorrect Consumer Information Sent to Credit Reporting Agencies
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today took action against Xerox Business Services, LLC, now called Conduent Business Services, for software errors that led to incorrect consumer…
Under Secretary Fernandez’s Travel to Canada
Under Secretary for Economic Growth, Energy, and the Environment Jose W. Fernandez is traveling to Toronto, Canada, April 3-4 where he will represent the United States at the U.S.-Canada Summit,…
CFPB Takes Action Against Citibank For Student Loan Servicing Failures That Harmed Borrowers
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against Citibank, N.A. for student loan servicing failures that harmed borrowers. Citibank misled borrowers into believing that they…
Secretary Blinken’s Call with Russian Foreign Minister Lavrov
The below is attributable to Principal Deputy Spokesperson Vedant Patel: Secretary of State Antony J. Blinken spoke today with Russian Foreign Minister Sergey Lavrov. Secretary Blinken conveyed the United States’…
Leandra English Named Deputy Director of the Consumer Financial Protection Bureau
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today announced that Leandra English has been officially named deputy director of the agency. English, who had been most recently serving…
CFPB Issues Public Statement On Home Mortgage Disclosure Act Compliance
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a public statement announcing that the Bureau does not intend to require data resubmission unless data errors are material…