This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.
On January 17, the CFPB released its complaint and proposed consent order against a nondepository mortgage company, alleging violations of the ...
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
The CFPB recently issued a policy statement addressing the rules finalized near the end of former Director Kraninger’s tenure that amend the Regulation Z ability to repay rule/qualified mortgage ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...
There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...
Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in ...
The CFPB isn't just unaccountable—it's practically ... ultimately pushing these borrowers toward non-qualified mortgage loans and higher rates. Then there's the agency's crackdown on credit ...