Newsroom

Industry Inquiry Reveals Problems for Consumers Seeking to Prevent Auto-Defaults Today the Bureau Student Loan Ombudsman released a report finding high...

Company Mishandled Consumer Credit Reporting Disputes, Prevented Consumers From Exercising Debt Collection Rights Today, the Bureau announced an enforcement...

I would like to thank the community here in Omaha for hosting us so warmly, especially the "hometown" member of our Consumer Advisory Board, Laura Castro de...

Today, CFPB Director Richard Cordray issued the following statement on the Know Before You Owe mortgage disclosure rule:...

Auto Loan Company Misled Servicemembers About Consequences of Nonpayment Today the Bureau sued an auto loan company, Security National Automotive Acceptance...

Bureau Publishes Exam Procedures for Supervised Companies in $900 Billion Market.

Joint Release: Board of Governors of the Federal Reserve System CFPB Federal Deposit Insurance Corporation National Credit...

Lender Ordered to Pay $228,000 Civil Penalty Today, the Bureau ordered a California mortgage bank, Guarantee Mortgage Corporation, to pay a civil penalty of...

You might see enticing images of youthful retirees on the golf course or enjoying other leisure activities in a reverse mortgage advertisement. We looked closely at many ads and found incomplete and inaccurate statements used to describe the loans. Reverse mortgage ads don’t always tell the whole story, so consider these facts when you see advertisements.

Thank you all for joining us today for the release of our study on reverse mortgage advertisements. Right now, we are experiencing the greying of America...

Today CFPB Director Richard Cordray issued a decision in the first appeal of a Bureau administrative enforcement proceeding...

CFPB Issues Advisory Warning Consumers Not To Be Deceived Today the Bureau released results of a focus group study on reverse mortgage advertisements that...

RPM CEO Erwin Robert Hirt to Pay Additional $1 Million Civil Penalty Today, the Bureau filed a complaint in federal district court against RPM Mortgage...

Thank you all for joining us today as we announce the launch of our ROADS to Financial Independence initiative. A large part of our work at the Bureau...

ROADS to Financial Independence Initiative Will Pilot in Six Communities Nationwide Today, the Bureau is announcing the launch of the Reach Outcomes...

Court Enters Judgment Against the Hoffman Law Group and Affiliates for Deceiving Consumers and Collecting Illegal Advance Fees; Individuals Involved to...

Harmed African-American and Hispanic Borrowers Will Receive $9 Million Today, the Bureau and the Department of Justice (DOJ) filed a joint complaint against...

Let me thank everyone here today for your efforts to bring financial literacy to consumers. The work our agencies do to ensure consumers can become more...

Program Targets Transitioning Veterans and Economically Vulnerable Consumers Today the Bureau is launching its Financial Coaching Initiative, targeting...

Thank you for joining us today to announce the launch of our Financial Coaching Initiative. The Bureau is offering coaching support to veterans and...

Thank you for joining us on this call. Today, the Bureau is filing a complaint and a proposed consent order against PayPal for illegally signing up and...

PayPal to Refund $15 Million to Consumers and Pay $10 Million Fine Today the Bureau filed a complaint and proposed consent order in federal court against...

Crossposted from the Milwaukee Journal Sentinel. This opinion editorial originally ran on May 14, 2015 online. As millions of students and their families...

Thank you all for joining us today in Milwaukee. Plato once said, "The direction in which education starts a man will determine his future life." More...

Bureau Seeks Information On Industry Practices That Can Create Student Debt Stress Today the Bureau is launching a public inquiry into student loan...