New rules, fewer runarounds for mortgage borrowers
When you take out a mortgage loan to buy a home, you trust the mortgage servicing industry to work. Mortgage servicers are responsible for sending you...
Blog
See you soon Atlanta, GA!
Join us for a field hearing on mortgage policy on Thursday, Jan. 17, 2013, featuring remarks from CFPB Director Richard Cordray, as well as testimony from...
Assuring consumers have access to mortgages they can trust
Today, we're issuing one of our most important rules to date, the Ability-to-Repay rule. It's designed to assure the reliability of mortgages – making sure...
Live from Baltimore, MD!
We were in Baltimore, MD for a field hearing on mortgage policy. Today's live event has ended. If you missed the event, you can read CFPB Director Cordray's...
Tax time
I know, you don't have to file your taxes until April 15th (and if you're in a combat zone you can delay even longer), but you may want to file as soon as...
See you soon, Baltimore, MD!
Join us for a field hearing on mortgage policy on Thursday, Jan. 10, 2013, featuring remarks from CFPB Director Richard Cordray, as well as testimony from...
Protecting funds from the Cobell v. Salazar settlement
Hundreds of thousands of Native Americans started getting the first payments last week as part of a long-awaited settlement with the federal government over...
Giving or receiving gift cards? Know the terms and avoid surprises
My family and I just moved into a new house. With all the packing and unpacking, my kids and I found three gift cards we had forgotten about. Mine was from...
A joint enforcement action with states to stop illegal advance fees
Today, a federal district court entered an order that returns money to the pockets of American consumers and stops a company from violating laws. The case...
Save the Date, Baltimore, MD, and Atlanta, GA!
Join us for two events on mortgage policy. On Thursday, Jan. 10, 2013, we will hold a field hearing in Baltimore, Md. On Thursday, Jan. 17, 2013, we will...
Realigning our supervision work
Today we're announcing the reorganization of our Headquarters staff for Supervision. We will continue having two Supervision offices at Headquarters, but...
Paying for college [beta]
Americans owe more than a trillion dollars in student loan debt. That's more than we owe on credit cards, more than we owe on car loans – and it's still...
Access, Data and Scale – Strategies to making the market work better for low-income and economically vulnerable consumers
Many of the low-income and economically vulnerable consumers we serve through the Office of Financial Empowerment face barriers to accessing affordable...
Sharing consumer complaint data with state agencies
We help consumers with complaints about credit cards, mortgages, student loans, checking accounts, savings accounts, credit reporting, bank services, and...
Why you should be suspicious of government logos
No, really. Just because something has a government logo on it doesn't mean that it's legitimate. Just today, we announced that we're cracking down on two...
Fulfilling our fair lending mandate
We are responsible for ensuring "fair, equitable, and nondiscriminatory access to credit" under the Dodd-Frank Act. Today, we submitted a report to Congress...
Prepare your finances for emergencies
Hurricane Sandy reminded us that disasters – storms, fires, floods, earthquakes – can happen to anyone, and when they do you have little time to react. If...
VA trademarks ‘GI Bill’ to shield vets from deceptive marketing
An important step to ensure that servicemembers and veterans are not seen simply as "dollar signs in uniform." We continue to work with federal and state...
The CFPB’s summer internships: “it gave me the specific experience I needed”
We're recruiting summer interns for our Pathways Program again. If you're interested in the mission of the CFPB, read the full posting to learn more and...
The CFPB’s summer internships: “part of something special”
We're recruiting summer interns for our Pathways Program again. If you're interested in the mission of the CFPB, read the full posting to learn more and...
The first year at the CFPB Ombudsman’s Office
Today, I want to share with you our first CFPB Ombudsman's annual report describing the work we've done in the last year. Each year we plan on delivering...
The CFPB’s summer internships: “a unique and exciting combination of purpose and circumstances”
We're recruiting summer interns for our Pathways Program again. If you're interested in the mission of the CFPB, read the full posting to learn more and...
You have a right to see specialty consumer reports too
You have the right to know what nationwide specialty consumer reporting companies are saying about you. And you're entitled to one free report each year...
The CFPB’s summer internships: “one of the best opportunities in government”
It's time to recruit summer interns for our Pathways Program again. If you're interested in the mission of the CFPB, read the full posting to learn more and...
Proposed changes to the remittance rule and an extension of rule’s effective date
Updated on August 8, 2013: The remittance rule goes into effect October 28, 2013. Visit the remittance rule page for additional information regarding the...