CFPB is standing up for civil rights protections
This week CFPB partnered with other agencies to oppose a dangerous threat to our nation’s civil rights laws, specifically related to the Equal Credit Opportunity Act, or ECOA.
Blog
Know before you buy (now, pay later) this holiday season
Learn more about Buy Now Pay Later (BNPL) loans before using them for your purchases this holiday season.
CFPB calls tech workers to action
The CFPB encourages programmers, data scientists and others with knowledge of the algorithms and technologies used by companies, and who know of potential discrimination or other misconduct within our authority, to report it to the CFPB.
Fall 2021 Rulemaking Agenda
Under the Regulatory Flexibility Act, Federal agencies must publish regulatory agendas twice a year. CFPB participates in the Unified Agenda, which is led by the Office of Management and Budget (OMB).
Seven examples of unfair practices and other violations by mortgage servicers: CFPB supervision activities uncover red flags
CFPB’s supervision activities revealed unfair acts and practices, and other violations, by mortgage servicers. Here’s what to be aware of and how to find the resources you need if you’re struggling to make your mortgage payments.
How should regulators review bank mergers?
A new Request for Information will help inform a review of the FDIC and OCC’s Bank Merger Act policies.
The LIBOR index for adjustable-rate loans is being discontinued: here’s what to watch for
Adjustable-rate mortgages, student loans, HELOCs, reverse mortgages and credit cards that are tied to a LIBOR index, which is expiring. Learn how this change could impact your interest rate.
Give us feedback on the draft CFPB Strategic Plan for FY 2022-26
We are inviting CFPB stakeholders to comment on the draft strategic plan for FY 2022 – 2026.
CFPB Ombudsman’s Office 2021 Annual Report
The CFPB Ombudsman’s Office shares its FY2021 Annual Report.
Understand how the CFPB’s Debt Collection Rule impacts you
The CFPB issued rules clarifying how debt collectors can communicate with you. Here are five key things to know about these new debt collection rules.
Ethics guidance to protect the public trust and detect revolving door misconduct
The CFPB issued additional guidance to staff reminding them to report ethics violations, such as suspicious communications and activity by former employees to agency officials.
The CFPB Ombudsman’s Office celebrates Ombuds Day
The CFPB Ombudsman’s Office celebrates Ombuds Day on October 14 with ombudsman offices worldwide. This day is meant to increase awareness and educate about the ombudsman profession.
The CFPB is looking out for families, workers, and communities
Today, I was sworn in as Director of the CFPB. I am honored to lead this organization, which plays an essential role within the Federal Reserve System.
Deadline to request initial forbearance for HUD/FHA, USDA, or VA backed loans is extended until National Emergency ends
If you have a mortgage backed by HUD/FHA, USDA, or VA and are struggling to make payments due to the pandemic, you can request initial forbearance anytime during the COVID-19 National Emergency.
Volunteering to help people make the most of the tax refund. An opportunity to give back
How to give back to your community by volunteering for VITA and TCE to support consumers with low incomes.
New rule ensures mortgage servicers provide options to potentially vulnerable borrowers exiting forbearance
A new rule amending Regulation X aims to ensure eligible borrowers have a meaningful opportunity for loss mitigation after exiting mortgage forbearance programs.
Comparing auto loans for borrowers with subprime credit scores
A new CFPB report looks at subprime auto lending, including the different types of lenders and the interest and default rates for their borrowers.
Did you get a notice that your student loans are transferring to a new servicer? Learn more about what this means for you
Many federal student loan borrowers will have their loans transferred to a new servicer. If your loans are currently being serviced by FedLoan Servicing or Granite State, this article can help you prepare for the transition to a new servicer.
Do you know how to spot a rental assistance scam?
Scammers are preying on renters and landlords in need of emergency rental assistance. Here’s what to look for and how to safely find and apply for help with rent.
Safely sending money to loved ones in the wake of Haiti earthquake
Sending money to people in Haiti? Here are resources for safely sending funds overseas and helping loved ones recover and rebuild after the recent earthquake.
Mientras las protecciones expiran, la nueva normativa para la administración hipotecaria busca reducir las ejecuciones que sean evitables
En efecto desde el 31 de agosto del 2021, la nueva normativa les exige a los administradores hipotecarios ofrecerles a los propietarios, oportunidades reales para evitar el “foreclosure” y mantenerse en sus viviendas mientras las protecciones expiran.
Mortgage refinance loans drove an increase in closed-end originations in 2020, new CFPB report finds
Effective August 31, 2021, a new rule requires mortgage servicers to provide meaningful opportunities for homeowners to avoid foreclosure and keep their homes as certain federal forbearance programs begin to expire.
The CDC eviction moratorium has ended: Learn your options
The CDC eviction moratorium ended on August 26, 2021. If you’re having trouble paying your rent here are resources to help you get back on your feet.
La moratoria a los desalojos del CDC ha terminado: Conozca sus opciones
La moratoria al desalojo del CDC terminó el 26 de agosto del 2021. Si tiene problemas para pagar su renta, le ofrecemos recursos para ayudarle a recuperarse.
Credit access declined during the pandemic for credit cards, but increased for mortgages and auto loans
Since April 2020, Access to new credit cards has decreased, but access to mortgages and auto loans has increased since the start of the pandemic.