CFPB to Extend Comment Period for Notice of Proposed Rulemaking on New Category of Qualified Mortgages
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) is extending the comment period on its notice of proposed rulemaking (NPRM) to create a new category of seasoned qualified mortgages…
CFPB, FTC, State, and Federal Law Enforcement Partners Announce Nationwide Crackdown on Phantom and Abusive Debt Collection
WASHINGTON — The Consumer Financial Protection Bureau (CFPB), along with the Federal Trade Commission and more than 50 federal and state law enforcement partners, today announced a nationwide law enforcement…
Consumer Financial Protection Bureau Releases Assessment of TRID Mortgage Loan Disclosure Rule
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today published an assessment of the TRID Integrated Disclosure Rule (the Truth in Lending Act and Real Estate Settlement Procedures Act).…
Consumer Financial Protection Bureau Issues Policy Statement on Applications for Early Termination of Consent Orders
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) issued today a policy statement on applications for early termination of administrative consent orders (Consent Orders). The policy statement outlines the…
Consumer Financial Protection Bureau Report Finds Continued Decline in the Market for Certain Kinds of College Credit Cards
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) issued a report today on agreements between credit card issuers and institutions of higher education, as well as certain organizations affiliated…
Secretary Antony J. Blinken Opening Remarks Before the Senate Committee on Foreign Relations On the FY24 Department of State Budget Request
SECRETARY BLINKEN: Well, thank you very much, Chairman Menendez, Ranking Member Risch, committee members. Very good to be with you today as always, and thanks for the opportunity to speak…
Consumer Financial Protection Bureau Settles with Nissan Motor Acceptance Corporation for Illegal Collections and Repossession Practices
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (Bureau) issued a consent order against Nissan Motor Acceptance Corporation (Nissan), an auto financing subsidiary of Nissan North America, Inc., which…
Consumer Financial Protection Bureau Settles Lawsuit with Debt Collectors and Debt Buyers Encore Capital Group, Midland Funding, Midland Credit Management, and Asset Acceptance Capital Corp.
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (Bureau) filed a proposed stipulated final judgment and order to settle its lawsuit against Encore Capital Group, Inc., and its subsidiaries,…
CFPB Partners with Pro Linebacker Brandon Copeland to Host a Virtual Town Hall on Managing Money During The COVID-19 Pandemic
WASHINGTON, D.C. – Consumer Financial Protection Bureau (Bureau) Director Kathleen L. Kraninger and Brandon Copeland, pro linebacker and University of Pennsylvania Professor, will host a virtual town hall to discuss…
United States Imposes Sanctions on Iranian Military Procurement Network
The United States is designating four entities and three individuals for sanctions, pursuant to Executive Order 13382, involved in an Iranian military procurement network that has links to Iran’s unmanned…