Federal Regulators Issue Joint Statement on the Use of Alternative Data in Credit Underwriting
WASHINGTON, D.C. – Five Federal financial regulatory agencies today issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms. The…
CFPB Announces Panels for CFPB-FTC Workshop on Accuracy in Consumer Reporting
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced the panels for its December 10, 2019 workshop, cohosted with the Federal Trade Commission (FTC), to examine issues affecting the…
Kraninger Marks First Year as Director of the Consumer Financial Protection Bureau
WASHINGTON, D.C. – Today, Consumer Financial Protection Bureau Director Kathleen L. Kraninger made the following statement regarding her Dec. 11 one year anniversary leading the Bureau: “It is an honor…
CFPB Issues Financial Literacy Annual Report
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) issued its Financial Literacy Annual Report for fiscal year 2019. The Bureau delivered its digital and print resources to more than…
Consumer Financial Protection Bureau Announces Action Against Monster Loans, Lend Tech Loans, and Student-Loan Debt-Relief Companies
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (Bureau) filed suit against several companies and individuals involved in offering student loan debt-relief services for allegedly obtaining consumer reports illegally,…
CFPB Announces Membership of Taskforce on Federal Consumer Financial Law
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today announced four members who will serve on the Taskforce on Federal Consumer Financial Law. The Taskforce on Federal Consumer Financial…
Secretary Antony J. Blinken and Paraguayan Foreign Minister Julio Arriola Before Their Meeting
SECRETARY BLINKEN: Well, good afternoon, everyone. It is a real pleasure to have Foreign Minister Arriola here. Julio, welcome to the State Department. And I’m especially pleased because Paraguay is…
CFPB, Utah’s Attorney General Announce Inaugural Joint Office Hours in Salt Lake City
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) and the Office of the Utah Attorney General announced the first joint office hours to be held as part of the…
Consumer Financial Protection Bureau Issues No-Action Letter to Facilitate Housing Counseling Services for Prospective Home Buyers
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) granted a no-action letter (NAL) to Bank of America, N.A. regarding the bank’s funding arrangements with housing counseling agencies (HCAs) certified…
Special Presidential Envoy for Climate Kerry’s Travel London and Paris
Special Presidential Envoy for Climate John Kerry will travel to London, United Kingdom, from March 28–29, and to Paris, France, from March 30–31. In London, Secretary Kerry will meet with…