The CFPB has issued a new request for information (RFI) to inform its biennial review of the credit card market mandated by the Credit Card Accountability Responsibility and Disclosure Act of 2009 ...

For Other CFPB-Supervised Covered Nonbanks, the first written statement submission is required on March 31, 2026, and will cover registered covered orders with an effective date on or after the ...

Mortgage originators and lenders have complained about several aspects of the rule since it became effective. One of their concerns has to do with so-called "black holes" — when deadlines for revising ...

The mission of the bureau's Office of Fair Lending and Equal Opportunity includes oversight and enforcement of laws, "ensuring fair, equitable, and nondiscriminatory access to credit for both ...

CFPB issues warning to mortgage servicers: You can’t hide behind bad computer systems Investigations found servicers' deficient technology caused harm to consumers June 22, 2016, 2:29 pm By Ben Lane ...

BillingTree survey shows how much CFPB concerns have diminished. Wednesday, May. 23, 2018, 03:20 PM. SubPrime Auto Finance News Staff. PHOENIX - ...

Inaugural CFPB Director Richard Cordray noted in 2017 that small business lending requirements should mirror those of the mortgage industry, which initially drew a mixed response from the impacted ...

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued a policy statement that explains the legal prohibition on abusive conduct in consumer financial markets and ...

Just 831,661 loans were permanent modified as of August 2012, compared with the government's initial rosy estimates of three to four million loans. The report criticizes the voluntary aspect of the ...

The Consumer Financial Protection Bureau (CFPB) has released a policy statement outlining the responsibility of credit reporting companies and furnishers during the COVID-19 pandemic. In response to ...

Russell Vought, CFPB's new acting head, issues directives to halt portions of bureau activity The Senate confirmed Vought as director of the Office of Management and Budget on Thursday.

The acting head of the Consumer Financial Protection Bureau announced an organizational change this week that was welcomed by lenders but caused consumer advocates to worry about the agency’s com ...