Newsroom | Consumer Financial Protection Bureau

Press release

Published JUN 12, 2013

FDIC and CFPB Collaborate to Develop a Tool for Older Adults to Prevent Financial Exploitation

The newest addition to the FDIC's Money Smart financial curriculum family, this stand-alone training module developed by both agencies provides information...

Older Americans

Speech

Published JUN 12, 2013

Director Cordray on Money Smart for Older Adults

Together with the FDIC, we are releasing Money Smart for Older Adults, a program to raise the awareness of older Americans and their caregivers about how to...

By Richard Cordray

Older Americans

Speech

Published JUN 11, 2013

Prepared Remarks of Director Richard Cordray on Overdraft Report Press Call

This report describes a broad variety of different overdraft practices and different consumer experiences. It also raises concerns about the ability of...

By Richard Cordray

Banking

Press release

Published JUN 11, 2013

CFPB Report Raises Concerns About Impact of Overdraft Practices on Consumers

The report shows big differences across financial institutions when it comes to overdraft coverage on debit card transactions and ATM withdrawals, drawing...

Speech

Published JUN 06, 2013

Steve Antonakes Remarks at “Life of a debt: Data Integrity in Debt Collection”

Today's event follows similar industry roundtables on debt collection practices that the FTC organized. These have proven valuable in surfacing important...

By Steve Antonakes

Debt collection

Press release

Published JUN 04, 2013

CFPB Releases Exam Procedures for New Mortgage Rules

The exam procedures offer financial institutions and mortgage companies valuable guidance on what the CFPB will be looking for as the rules become...

Press release

Published MAY 31, 2013

Consumer Financial Protection Bureau Complaint Data Now Searchable by State

"This data puts valuable information in the hands of consumers to help them understand what is happening in their states," said CFPB Director Richard...

Press release

Published MAY 30, 2013

CFPB Takes Action to Stop Florida Company From Engaging in Illegal Debt-Relief Practices

The Bureau plans to submit a proposed consent order that, if approved by the court, would halt the company's operation, prevent the company and owner from...

Press release

Published MAY 29, 2013

CFPB Finalizes Amendments to Ability-to-Repay Rule

Today, the Bureau finalized rules to facilitate access to credit by creating specific exemptions and modifications to the CFPB's Ability-to-Repay rule for...

Speech

Published MAY 29, 2013

Director Cordray Remarks at the FINRA Investor Education Conference

All of us here today share the same goal of educating and empowering consumers to help them make responsible financial decisions that are sustainable over...

By Richard Cordray

Press release

Published MAY 21, 2013

The CFPB Establishes Framework to Better Coordinate with State Regulators

The framework will apply in situations where the CFPB and state regulators share concurrent supervisory jurisdiction.

Testimony

Published MAY 21, 2013

The CFPB Before the House Committee on Financial Services

Thank you Chairman Capito, Ranking Member Meeks, and members of the Subcommittee for this opportunity to testify about the Bureau's...

By Peter Carroll and Kelly Cochran

Mortgages

Press release

Published MAY 17, 2013

The CFPB Takes Action Against Real Estate Kickbacks

The Bureau today ordered a Texas homebuilder, Paul Taylor, to surrender more than $100,000 he received in kickbacks for referring mortgage origination...

Testimony

Published MAY 16, 2013

The CFPB Testifies Before the House Committee on Energy and Commerce

Thank you Chairman Terry, Ranking Member Schakowsky, and distinguished members of the Committee for the opportunity to speak with you today about the Bureau...

By Gail Hillebrand

Older Americans

Press release

Published MAY 15, 2013

CFPB Debuts Spanish Language Website

The website, which is optimized for mobile use, provides access to essential consumer resources such as how to submit a consumer complaint and answers to...

Speech

Published MAY 15, 2013

Director Richard Cordray Remarks at the Consumer Advisory Board Meeting in Los Angeles

Today, I will focus on our crucial task of connecting with consumers, which we must do well in order to help them properly. In particular, it is important...

By Richard Cordray

Banking

Press release

Published MAY 15, 2013

La Oficina para la Protección Financiera del Consumidor lanza un sitio web en español

El sitio web, la cual est‡ optimizada para el uso m—vil, proporciona informaci—n esencial acerca de c—mo presentar una queja sobre un producto o servicio...

Speech

Published MAY 14, 2013

Director Richard Cordray at the National Association of Realtors

Over time, we have come to a fuller understanding of how rampant underwriting deficiencies eventually brought about the credit crunch, the financial...

By Richard Cordray

Data, research, and reports Op-ed

Published MAY 09, 2013

Student Debt Domino Effect?

While many in Washington are focused on what loans look like for future borrowers, there may be a domino effect on the broader economy if we ignore...

By Rohit Chopra

Students

Press release

Published MAY 08, 2013

CFPB Report Highlights Student Debt as a Roadblock to Opportunity for Consumers

Report warns of the potential domino effects on the economy of high student debt. It also identifies policy and market-based solutions based on the public’s comments that would help borrowers manage their private student loan burden.

Speech

Published MAY 08, 2013

Director Richard Cordray Remarks at Field Hearing on Student Loan Debt

But a college degree has the potential to become more of a burden than a blessing for those saddled with unmanageable debt in a tough employment market. We...

By Richard Cordray

Students

Press release

Published MAY 07, 2013

CFPB Takes Action Against Two Companies for Charging Illegal Debt-Relief Fees

According to the CFPB complaint, the defendants, Mission Settlement Agency (Mission) and related entities and individuals, and Premier Consultant Group LLC...

Speech

Published MAY 07, 2013

Prepared Remarks of CFPB Director Richard Cordray at the SDNY Enforcement Press Conference

Today, we are here to announce that through the joint efforts of the Consumer Bureau and the Department of Justice, we are putting an end to unfair and...

By Richard Cordray

Testimony

Published MAY 06, 2013

Corey Stone at the Senate Commerce Subcommittee of Consumer Protection, Product Safety, and Insurance

Credit reporting plays a critical role in consumers' financial lives. Credit reports on consumers' financial history and behavior can determine their...

By Corey Stone

Speech

Published MAY 02, 2013

Remarks of Deputy Director Steve Antonakes at the GMU Attorneys General Education Program

As a veteran of two banking crises, I can tell you unequivocally that, in my view, consumer protection is not in conflict with safety and soundness...

By Steve Antonakes