This morning, CFPB Director Richard Cordray, Education Secretary Arne Duncan, and Acting Deputy Treasury Secretary Mary Miller convened a meeting with the...
It's simple. Our new mortgage rules mean you will have more information and more protection when you're shopping for a loan and while you own your home. No...
Starting January 10, lenders will be required to make a reasonable, good-faith determination that a borrower can afford to repay a mortgage. That's a...
The stories and information you provide will be used to research and test solutions that address some of the biggest pain points associated with closing on...
When you shop for a car, auto lenders work with your auto dealer to offer you financing for your loan. Auto lenders consider the terms of your loan, your...
Young people shouldn't have to repeat financial mistakes made by earlier generations. That's why we support financial education in K-12 classrooms. This...
We're taking action against Ocwen Financial Corporation for years of systemic misconduct that includes unfair shortcuts, unauthorized fees, deception...
If you read our blog regularly, you've gotten the picture by now: We care a lot about making your experience with mortgages better. We just released rules...
Today, Director Cordray is alerting financial institutions about the potentially risky practice of making secret payments to colleges and universities to...
If you send money to other countries, you can now get more information about exchange rates and costs before you pay for the transfers. That's because of a...
Today, we held a field hearing in Dallas on arbitration. The live event has ended. The event featured remarks from Director Richard Cordray, as well as...
Today, we are posting a semi-annual update to our rulemaking agenda. This is in conjunction with a broader initiative led by OMB to publish a Unified Agenda...
If you think about it, you probably see a lot of advertising for products and services for managing your money. Television ads, highway billboards, Internet...
Today, I want to share with you the CFPB Ombudsman's second annual report, which I delivered to the CFPB Director. The report describes how the Ombudsman's...
Join us for a field hearing in Dallas, Texas on arbitration. The hearing will take place on Thursday, December 12 at 11 a.m. CST. The event will feature...
A number of recent graduates have asked us: why is my student loan interest rate so high? And how can I more quickly pay off this loan? Often borrowers have...
As the mortgage disclosure team said last week, we based Know Before You Owe on the idea that disclosure information is clearer when the people who will...
Two and a half years ago, we began a line of work we call Know Before You Owe. The work that we did as part of that project helped lead us to the TILA-RESPA...
Today, we're releasing findings from a study we conducted on the operational effects of certain regulations for banks, in order to better understand the...
Today, we're issuing the TILA-RESPA final rule. This rule improves the way consumers receive information about mortgage loans, both when they apply and when...
When we first proposed the TILA-RESPA disclosure rule, we got a lot of questions about the length of the document containing the rule. We synthesized those...
We announced an enforcement action against one of the largest short-term, small-dollar lenders in the country. The company has agreed to reimburse up to $14...
Today, we held a forum on auto finance here at the CFPB. The forum featured remarks from CFPB Director Richard Cordray as well as panel discussions with...