With housing affordability remaining an issue nationwide, the CFPB's Making Ends Meet report—an annual survey of consumer financial health—shows many downtrends in consumers’ ability to repay their debts.
Read More »CFPB Director Chopra Testifies Before Congress
In the Bureau’s Semi-Annual Report, Director Rohit Chopra detailed the work the CFPB has accomplished, including securing $275 million in total consumer redress and $270 million in civil money penalties.
Read More »Court of Appeals: CFPB Funding Found Unconstitutional
A three-judge panel of the 5th U.S. Circuit Court of Appeals has ruled that the design of the CFPB violated the Constitution, as it has received funding through the Federal Reserve, rather than appropriations legislation passed by Congress.
Read More »Biden Slates Nominees to Head CFPB and SEC
The SEC chairmanship has been vacant since Jay Clayton's resignation last month.
Read More »CFPB Taskforce Examines Consumer Protections in Financial Marketplace
The Taskforce was chartered in January 2020 to study the existing legal and regulatory environment facing consumers and financial services providers.
Read More »CFPB Expands Leadership Team
The Bureau announced a new Deputy Chief of Staff, as well as nearly a half-dozen other new additions. Click through to learn all the details.
Read More »Men, Women, and Mortgage Basics
While prior reports by LendingTree have found single women own homes at higher rates than men, the Consumer Finance Protection Bureau (CFPB) reports that women have less knowledge ...
Read More »A Clear Path Forward for the CFPB
Following the CFPB’s calls for 12 different RFIs last year, one mortgage industry group released an entire new “roadmap for the future” of the regulator.
Read More »Servicer Supervision Reveals 4 Problem Areas and Resolutions
In its most recent supervisory report, the CFPB identified four main problem areas at mortgage servicers as well as servicers’ solutions.
Read More »“More Efficient, Effective, and Accountable”: Changes Underway at CFPB
CFPB Acting Director Mick Mulvaney’s tenure at the head of the regulatory organization has been defined by a reexamination of the Bureau’s priorities and purpose. That trend continued ...
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