Newsroom

Report Includes In-Depth Look at Debt Collection Complaints and Complaints from Milwaukee, Wis. Today the Bureau launched the first in a new series of...

Chairman Shelby, Ranking Member Brown, and Members of the Committee – thank you for the opportunity to testify today about our latest Semi-Annual Report to...

African-American, Hispanic, and Asian and Pacific Islander Borrowers Will Receive $24 Million.

The Bureau is working hard to make financial markets work better on behalf of 320 million American consumers. In particular, our new agency specifically...

This week, the GAO released a report on financial literacy in the workplace, which summarized a forum of employers, federal government agencies, and...

CFPB Wants to Ensure Consumer Protections Are Built Into New Payment Systems From Outset Today the Bureau outlined guiding principles for protecting...

Chase Ordered to Overhaul Debt Sales and Halt Collections on 528,000 Consumers' Accounts Today the Bureau and Attorneys General in 47 states and the...

Thank you for joining this call. Today the Bureau is teaming up with our state partners across the country to take action against JPMorgan Chase for selling...

Servicers Still Failing to Provide Legal Protections to Military Borrowers Today the Bureau released a report outlining the continued challenges faced by...

Consumers Billed for Credit Reporting and Identity Theft Protection Benefits They Did Not Receive Today the Bureau took action against two credit card...

Over Half of Consumers Filing Complaints Online Opt In to Share Their Experiences Via the CFPB's Public Complaint Database Today the Bureau goes live with...

Proposal Open for Public Comment Until July 7th The Bureau today issued a proposed amendment to the Know Before You Owe mortgage disclosure rule, which...

Supervisory Resolutions Across Industries Recover $11.6 Million for More Than 80,000 Consumers Today the Bureau released its latest supervision report...

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...

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

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

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...

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...