CFPB Proposes Delay of Effective Date for Recent Debt Collection Rules
WASHINGTON, D.C. – The Consumer Financial Protection Bureau today proposed extending the effective date of two recent debt collection rules to give affected parties more time to comply due to…
CFPB Takes Action Against SettleIt, Inc. for Steering Consumers into High-Cost Loans
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) took action today against an online debt-settlement company for taking advantage of consumers, failing to disclose its relationship to certain creditors,…
CFPB Rule Clarifies Tenants Can Hold Debt Collectors Accountable for Illegal Evictions
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued an interim final rule in support of the Centers for Disease Control and Prevention (CDC)’s eviction moratorium. The CFPB’s…
CFPB and New York Attorney General File Suit to Seize Hidden Assets from Operator of Shuttered Debt Collection Scheme
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) and New York Attorney General Letitia James today filed a complaint in federal court to seize a $1.6 million home, the…
U.S. Department of State Announces Changes to its Minimum Medical Qualification Standard for Career Department of State Foreign Service Applicants
The U.S. Department of State is pleased to announce changes to its minimum medical qualification standard for career Foreign Service applicants to further advance its commitment to hire a workforce…
CFPB Takes Action Against Reverse Mortgage Lender for Deceptive Advertising
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against Nationwide Equities Corporation for sending deceptive loan advertisements to hundreds of thousands of older borrowers. The Bureau…
The Departure of Dr. Karen Donfried
For the last 18 months, Dr. Karen Donfried has led the Bureau of European and Eurasian Affairs with the utmost skill and commitment during a pivotal time. As she prepares…
CFPB Delays Mandatory Compliance Date for General Qualified Mortgage Final Rule
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) formally delayed the mandatory compliance date of the General Qualified Mortgage (QM) final rule from July 1, 2021 to October…
CFPB Consumer Complaint Bulletin Examines County-Level Demographic Data
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) issued a bulletin today analyzing complaints submitted by consumers in counties nationwide. In 2019 and 2020, the CFPB received more complaints…
Consumer Financial Protection Bureau and Federal Trade Commission Put Nation’s Largest Landlords on Notice About Tenants’ Pandemic Protections
WASHINGTON, D.C. – Today, Consumer Financial Protection Bureau (CFPB) Acting Director Dave Uejio and Federal Trade Commission (FTC) Acting Chairwoman Rebecca Kelly Slaughter sent notification letters to the nation’s largest…