President Donald Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial ...
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 ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.
Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in ...
The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...
On January 17, the CFPB published a blog post highlighting the resurgence of “zombie” second mortgages — instances where homeowners thought ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...