There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.

The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...

Just as Elon Musk's X pushes into financial services, the agency responsible for protecting citizens from such companies is ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

Since 2021, the consumer watchdog agency has carried out a campaign to combat redlining and race-based discriminatory lending in the mortgage industry. A number of major banks and nonbanks have been ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

President Donald Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial ...

Republican lawmakers have filed legislation to defund the Consumer Financial Protection Bureau, adding more uncertainty over GOP plans for the financial regulator.

This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.

The Trump administration and Congress must end the weaponization of financial rules and attempts at censorship by financial regulators.

On January 17, 2025, the CFPB filed a complaint against an Illinois-based non-depository mortgage lender for allegedly ...