Newsroom

The CFPB ordered Fay Servicing to pay a $2 million penalty for violations of mortgage servicing laws, and for violations of a 2017 agency order.

The CFPB released an advisory opinion and research report on a form of home seller financing that is often referred to as contract for deed.

Director Rohit Chopra discussed contracts for deed and the CFPB’s housing efforts at a field hearing in St. Paul, Minnesota.

People living in a home paid for through a contract for deed can seek help to stay in their home instead of losing it when trouble strikes.

The CFPB comment on the Department of Treasury’s Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector.

The CFPB filed a proposed order to resolve its lawsuit against Credit Repair Cloud and CEO Daniel Rosen for assisting businesses that charge illegal advance fees to consumers.

The CFPB issued a report finding that some residential solar lenders are misleading homeowners and cramming markup fees into borrowers’ loan balances.

People can submit complaints about solar loans with the CFPB and with other federal and state agencies.

Director Rohit Chopra delivered remarks about preventing predatory lending in the residential solar market.

يمكن للأشخاص تقديم شكاوى بشأن قروض الطاقة الشمسية إلى مكتب الحماية المالية للمستهلكين CFPB وإلى وكالات فيدرالية وحكومية أخرى.

Las personas pueden presentar quejas sobre préstamos para energía solar ante el CFPB y otras agencias federales y estatales.

人們可以向消費者金融保護局 (Consumer Financial Protection Bureau, CFPB) 及其他聯邦和州機構提交有關太陽能貸款的投訴。

The CFPB and other federal financial regulatory agencies announced a joint proposed rule to establish data standards for certain information collections submitted to financial regulatory agencies.

Director Rohit Chopra outlined recent efforts to combat price gouging and unfair practices in financial services, focusing on private equity involvement, junk fees, and credit card interest rates.

Industrial banks require special attention from the FDIC Board of Directors given the unique risks they pose.

When a Wall Street bank repeatedly violates the law, the banking agencies impose a fine that typically constitutes a small fraction of the firm's annual profits.

There’s no question that our economy and society rely on banks just like we rely on our power grid and our transportation network. Congress put in place guardrails to ensure the ownership and control of this critical infrastructure promotes resiliency and is free of conflicts of interest.

Regulatory amnesia consistently afflicts the banking agencies. Today, the FDIC Board of Directors is cleaning up the unwise and unlawful mistakes the agency made in 2020 related to a risky type of deposit funding.

The United States recently renewed its special ties with the Federated States of Micronesia, the Republic of the Marshall Islands, and Republic of Palau, collectively the Freely Associated States.

The CFPB sued a group of companies known as Acima for illegal lending activities in connection with as many as five million consumer financing agreements.

The CFPB released a report on payment processing companies that help school districts process children’s school lunch payments.

The CFPB issued a circular explaining how companies may break the law by requiring employees sign broad nondisclosure or confidentiality agreements that deter whistleblowing.

Five federal regulatory agencies today issued final guidance addressing reconsiderations of value (ROVs) for residential real estate transactions.

The CFPB proposed an interpretive rule explaining that many paycheck advance products are consumer loans subject to the Truth in Lending Act.

Six federal regulatory agencies today issued a final rule, pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, designed to help ensure the credibility and integrity of models used in valuations for certain mortgages secured by a consumer’s principal dwelling.