Today the Bureau announced that it is considering two requests for decisions on whether certain provisions of unclaimed property laws in Maine and Tennessee...
For higher-risk mortgage loans, the proposed rule would require creditors to use a licensed or certified appraiser who prepares a written report based on a...
Under the proposed rule, creditors could still charge reasonable fees associated with conducting appraisals and home value estimates; however, the rule...
"These proposed rules would offer consumers basic protections and put the Ôservice' back into mortgage servicing. The goal is to prevent mortgage servicers...
But the major failures in this industry demonstrate that all servicers need to meet basic standards of good customer service. So today we are announcing...
The Consumer Financial Protection Bureau is issuing a consumer advisory today to all students expecting to receive scholarship and student loan proceeds onto – what appears to be – a school-endorsed debit card.
The rule implements new protections under the Dodd-Frank Wall Street Reform and Consumer Protection Act that require remittance transfer providers to...
Small businesses are a critical growth engine for our economy and an essential source of financial services for many consumers. For this reason, the CFPB...
Today's report covers the Bureau's actions from January 1, 2012 through June 30, 2012. It showcases how the Bureau has used its multiple authorities...
Although I often heard about the issues I mentioned, I was surprised to hear at nearly every stop about the challenges that servicemembers and Education...
Over the next six months, we will be proposing and finalizing sound rules, most of them required by Congress, to address each stage of the mortgage process...
For millions of Americans, student loans have opened doors to a college degree— offering new opportunities to create a better life. But the rapid growth of...
The "Financial Aid Shopping Sheet" gives college-bound students what they have been craving: real numbers and a format that makes sense of a huge financial...
According to the CFPB's estimates, outstanding student loan debt in the United States topped $1 trillion in 2011 — $864 billion of federal student debt and...
Today's action puts $140 million back in the pockets of two million Capital One customers who were pressured or misled into buying credit card products they...
This action results from a CFPB examination that identified deceptive marketing tactics used by Capital One's vendors to pressure or mislead consumers into...
I'd like to talk to you today about how the CFPB is fulfilling its mission to help consumer finance markets actually work – for American families, for...
Today, the Consumer Bureau is issuing a new regulation to expand our supervision program to oversee these credit reporting companies. The authority to...
The Bureau adopted a rule today to begin supervising larger consumer reporting agencies, which include what are popularly called credit bureaus or credit...
The foreclosure crisis had a devastating impact on median wealth in this community in particular. And now you and everyone else are dealing with a dried-up...
"Our proposed redesign of the federal mortgage forms provides much-needed transparency in the mortgage market and gives consumers greater power over the...
Homeowners who want to use their home equity to enjoy a more comfortable retirement do have options. One option is a reverse mortgage, a special type of...
"We are committed to safeguarding the confidential information of the institutions we supervise to ensure the Bureau is best equipped to do its job and...