Consumer Financial Protection Bureau Outlines Mortgage Loan Transfer Process to Prevent Consumer Harm
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today outlined practices to provide mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages.…
Consumer Financial Protection Bureau Adds Enhancements to Consumer Complaint Database
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today announced the addition of a geospatial view to the Consumer Complaint Database. With this addition, consumers will now be able…
CFPB Paves Way for Consumers Facing Financial Emergencies to Obtain Access to Mortgage Credit More Quickly
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (Bureau) took steps to make it easier for consumers with urgent financial needs to obtain access to mortgage credit more quickly…
Joint Statement on Syria Envoys-level Meeting in Amman
The text of the following statement was released by the Governments of the United States, Egypt, France, Germany, Jordan, Norway, Qatar, Saudi Arabia, Türkiye, the United Arab Emirates, the United…
Consumer Financial Protection Bureau Report Shows Substantial Decline in Credit Applications in March
WASHINGTON, D.C. – A Consumer Financial Protection Bureau (Bureau) report examining the effects of the COVID-19 pandemic found that consumer credit applications declined substantially in March. Applications are measured by…
Consumer Financial Protection Bureau Issues Clarifications to Support Small Business Applying for PPP Loans
WASHINGTON, D.C. – The Consumer Financial Protection Bureau today issued clarifying FAQs to support small businesses who have applied for a loan from their financial institution under the Small Business…
Consumer Financial Protection Bureau Issues Final Remittance Rule
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) issued today a final rule covering remittances transfers. The Remittance Rule imposes requirements on entities that send international money transfers, or…
Consumer Financial Protection Bureau Settles with Specialized Loan Servicing, LLC
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (Bureau) settled with Specialized Loan Servicing, LLC (SLS), a mortgage-loan servicer in Colorado. As of February 29, 2020, SLS serviced a…
CFPB, FHFA, & HUD Launch Joint Mortgage and Housing Assistance Website for Americans Impacted by COVID-19
WASHINGTON, D.C. – To ensure homeowners and renters have the most up to date and accurate housing assistance information during the COVID-19 national emergency, today the Consumer Financial Protection Bureau…
Consumer Financial Protection Bureau Outlines Responsibilities of Financial Firms During Pandemic
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) today released a statement and FAQs outlining the responsibility of certain financial firms during the pandemic. In the statement, the Bureau…