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 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 top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
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.
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 ...
People in this impacted group could see their credit scores jump by 20 points, according to the CFPB. With this new ... were unable to pay their rent or mortgage had around $3,000 of debt as ...
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 ...