This is why the CFPB is assisting the Department of Education with creating a "financial aid shopping sheet" that colleges could use to improve information...
Today, I'd like to talk about how the Bureau is working to make a better student loan market, and I'd like to announce an exciting initiative with the...
The draft shopping sheet – a model financial aid disclosure form – makes the costs and risks of student loans clear upfront, before students have enrolled...
Humphrey has spent much of his professional life working to protect consumers, serving first as a state Senator and later as Attorney General of Minnesota...
The Mortgage Servicing Examination Procedures released today by the CFPB describe the types of information that the agency's examiners will gather to...
That means, for example, that when it comes to the mortgage market, we will be able to ensure that brokers, originators, and servicers play by the same...
As I travel the country talking to military families, I have heard too many distressing stories of servicemembers who are underwater, but not delinquent, on...
I am happy to take part in a dialogue like this one to ensure that military families have all the information they need to make sound decisions about where...
We are dedicated to improving the lives of everyday Americans and to restoring trust in consumer financial markets. The Semi-Annual Report we are discussing...
We are here today to discuss the Dodd-Frank Act and its implications for consumers, businesses, and the economy. From my, admittedly biased, perspective...
We are the first agency accountable for making sure that consumer finance markets work for American families. To carry out that mission, the law gives us a...
In keeping with this commitment, the CFPB is asking consumers, financial service providers, organizations, and other members of the public to provide...
Many small businesses today report having difficulty obtaining credit. These difficulties originated in the most severe financial crisis since the Great...
Today, the U.S. Department of the Treasury announced that Raj Date would replace Professor Elizabeth Warren as Special Advisor to the Secretary of the...
The Bureau hit the ground running this week, launching functions and issuing a variety of required rules and reports that represent important steps in...
A report released today by the Bureau recommends principles for maximizing consumers' ability to receive and use exchange rate information when making...
"One way consumers have tried to empower themselves is by knowing their credit scores. We are assessing whether purchasing a credit score provides a...
The CFPB today released a report chronicling its work to build the agency from the ground up since the passage last year of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
At each of those appearances, we provided detailed written testimony on our efforts to establish the CFPB. Today, I welcome this opportunity to testify...
The amendments require the CFPB to publish a single, integrated model disclosure for mortgage loan transactions that includes disclosure requirements of...
The consumer agency will conduct examinations to help ensure that consumer financial practices at large banks conform with consumer financial protection...
Congress, in creating the OSA, recognized that protecting our servicemembers from suffering financial repercussions for answering the call to service is not...
The Bureau will work to promote fairness, transparency, and competition in the markets for mortgages, credit cards, and other consumer financial products...