Last time, we talked about the mission of the Office of Servicemember Affairs. Now I'd like to tell you a little about the work the Office of Servicemember...
On July 21st, our mission officially began. We're ready to carry out our orders – to protect military consumers and their families from illegal financial...
In May, we introduced the Know Before You Owe project to give consumers, lenders, and other industry participants a way to help us make mortgage shopping...
On July 21st, the Bureau opened its doors for business. That means that we have started taking your credit card complaints, and initiated the supervision...
Credit scores are important for consumers. They affect the rate of interest on a mortgage, credit card, or auto loan and can even play a role in whether you...
Yesterday, we began operation of what will be the largest function within the CFPB: Supervision. As part of this effort, Special Advisor to the Secretary of...
Today, the CFPB is issuing an interim rule effective immediately to fill a regulatory gap. Some lenders are chartered or licensed by states, while others...
One year ago, Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which created this new Consumer...
The Bureau and the Judge Advocate Generals of the United States Army, Marine Corps, Navy, Air Force, and Coast Guard yesterday announced an agreement on a...
Today and tomorrow, we will be meeting with nearly 100 organizations from across the country to hear their views about an important building block for our...
More than two-thirds of students who go to college borrow money to pay for it. The average graduating senior has over $23,000 in student loan debt. As we...
Last month, we introduced the Know Before You Owe project to give consumers, lenders, and other industry participants a way to help us make mortgage...
Previously, we talked about participation by people from locations all over the country in the Know Before You Owe project. Today, we want to share some...
As you might recall, the Dodd-Frank Act instructed the CFPB to replace the Truth in Lending form and the Good Faith Estimate with a single integrated mortgage disclosure.
Dear CFPB, I noticed you posted a request for public comments on "larger participants" for your "nonbank supervision" program. I don't understand what this...
As you have been reading here on the blog, we released the first draft versions of a combined Good Faith Estimate and Truth in Lending disclosure form in...
We received thousands of comments in response to the first phase of our Know Before You Owe project, which asked the public for input on a single, simpler...
Monday is Memorial Day. For many Americans, that means a three-day weekend, the start of the summer season, and a chance to hit the sales. When asked "What...
May is Older Americans Month. In his proclamation for the month, President Obama spoke of honoring the contributions older Americans have made and will...
Today, Professor Warren is testifying before Congress on our progress in building the consumer bureau. In her written testimony, she discusses our Know...
We've just posted two draft designs for a single, simpler mortgage disclosure form on our Know Before You Owe page. Now, we need to hear from you! The task...
The CFPB is building an Office of Research to support its commitment to evidence-based policymaking. The research office will produce new findings that...
This is the second in a series of blog posts about the Know Before You Owe project. To stay informed, sign up for e-mail updates. If you were designing a...
Let's say you want to buy a home or refinance your mortgage. You might be in the market to buy today, or you might be planning to do so down the road. You...
Mothers Day provides another opportunity to highlight the importance of financial education for women. Financial insecurity affects all Americans, but women...