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You told us about a number of debt relief companies that promise thousands of dollars in savings on borrowers’ student debt – an offer that may seem too good to be true.

We have determined that these two companies developed a joint program that engaged in deceptive marketing and lending practices while providing subprime...

The two companies must return about $6.5 million to servicemembers for failing to properly disclose all the fees charged to participants in the companies'...

Nonbanks subject to the rule are companies that offer or provide consumer financial products or services but do not have a bank, thrift, or credit union...

By holding today's hearing, it is clear that many of you are keenly interested in finding solutions for some of the troubling trends in the student loan...

The proposal issued today would resolve questions that have been identified during the implementation process and would help the rules deliver their...

Thank you. It is a privilege to speak to this group, which touches nearly every sector of our economy. One thing we share in common is that we all have been...

Today, the Bureau and the City of Boston announced a partnership to connect consumers with the CFPB to ask questions and submit complaints about financial...

Thank you Chairman McHenry, Ranking Member Green, and distinguished members of the subcommittee for the opportunity to participate in today's oversight...

At the Bureau, we are working to restore confidence that consumers can improve their lives by engaging in the marketplace for lending and savings products...

Older Americans are attractive targets for fraudsters, because some older Americans have wealth. U.S. households aged 65 and over had a net worth of...

This program began in 2008, at a time when a large and growing number of families were being forced out of their homes. But because of all of your efforts...

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

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...

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

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

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

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

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

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...

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...

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...

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

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

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