Mortgage Disclosure Is Heating Up
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...
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13,000 Lessons Learned
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.
Explainer: What is a nonbank, and what makes one “larger”?
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...
Know Before You Owe, Credit Unions, and Community Banks
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...
Know Before You Owe: Where Did the Online Participants Come From?
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...
Remembering
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...
Older Americans and the CFPB
May is Older Americans Month. In his proclamation for the month, President Obama spoke of honoring the contributions older Americans have made and will...
Working to Give Consumers the Transparency They Deserve
Today, Professor Warren is testifying before Congress on our progress in building the consumer bureau. In her written testimony, she discusses our Know...
Know Before You Owe. Go!
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...
Independent Research at the CFPB
The CFPB is building an Office of Research to support its commitment to evidence-based policymaking. The research office will produce new findings that...
Know Before You Owe: Designing a New Disclosure
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...
Know Before You Owe: Help Us Make Your Mortgage Forms Better
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...
Financial Education for Moms and All Women
Mothers Day provides another opportunity to highlight the importance of financial education for women. Financial insecurity affects all Americans, but women...
CFPB Spending Update
Today, the CFPB is issuing its second spending update. As we stated in our last update, the goal of these releases is to provide you with a snapshot of how...
Talking to Our Daughters and Sons about Personal Finance
Today is Take Our Daughters and Sons to Work Day! This day is partly about the fun children can have in seeing your workplace, but it is also a chance for...
Continuing our work with Community Banks and Credit Unions
Since Professor Warren spoke at the Independent Community Bankers of America convention last month, she and I have continued to meet with community banks...
We want to hear from you: Consumer Education and Engagement at the CFPB
I've just joined the CFPB as the Associate Director for Consumer Education and Engagement. I come from outside Washington, D.C., and from outside...
National Financial Literacy Month
April is National Financial Literacy Month! Read the Presidential Proclamation here. At the CFPB, we're working to raise awareness by offering a few...
Fulfilling a Commitment
In our first week on the job, Professor Elizabeth Warren set a goal for the new consumer bureau: to reach out to small, independent bankers from all 50...
Keeping It Sunny at the CFPB
What do tap water, your eyeglasses, and the Consumer Bureau all have in common? They're all better when they're transparent! Okay, that was a pretty bad...
CFPB Spending Update: First Quarter – 2011
Today, the CFPB is issuing its first spending update. In our spending update, we will provide a snapshot of quarterly and year-to-date spending and the...
So, How Do We Put Elizabeth Warren’s Calendar Online?
One of the most popular features on this site is an interactive copy of Elizabeth Warren's calendar, which includes an RSS feed and the raw calendar data...
An Accountable Consumer Bureau
Last week, Professor Warren testified before Congress on our progress in building the consumer bureau. She talked about the many ways in which the CFPB is...
Be a Part of Our Supervision Team
We're looking for highly motivated individuals who want to make a difference and be part of an important mission: helping consumers. The Bureau is a...
It’s Always Sunny at the CFPB
This week, I'll be headed to Capitol Hill to testify before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit. I'm...