CFPB
CFPB
-
In implementing Section 1033, the Consumer Financial Protection Bureau is leaving out auto loans, one of the largest sources of consumer debt.
February 21 -
American Honda Finance Corp., the financing division of carmaker Honda, says that the Consumer Financial Protection Bureau sent it a "civil investigative demand" connected to the "furnishing of credit reporting information on consumer accounts."
February 12 -
The nation's largest credit union allegedly engaged in racial discrimination resulting in calls for further investigations and regulations. Had Navy Federal been subject to the Community Reinvestment Act it may have avoided this problem.
February 12 -
The original lawsuit was one of several filed in 2014 in a coordinated effort among federal and state regulators aimed at fraudsters trying to cheat distressed mortgage borrowers.
February 8 -
The bureau is threatening to change its stance and classify EWA programs as loans. This is unwise and will harm consumers.
February 8 -
A clash over pay playing out in contract negotiations between the Consumer Financial Protection Bureau and its employee union occur as the Supreme Court is considering whether the agency must get its funding from Congress.
February 5 -
The CFPB is well within its authority to make these changes, which will increase the availability of credit to many Americans.
January 23 -
The guidance also underscores consumer rights to obtain access to their own information as well as identities of sources providing data.
January 11 -
The CFPB's plan to block medical debt from appearing on credit reports will have damaging unintended consequences, limiting consumer access to both credit and health care.
January 9 -
Making it easier for consumers to switch between competing banks will increase competition, resulting in major benefits for account holders.
December 29