On January 17, the CFPB released its complaint and proposed consent order against a nondepository mortgage company, alleging violations of the ...
This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.
The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...
The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...
On January 17, the CFPB published a blog post highlighting the resurgence of “zombie” second mortgages — instances where homeowners thought ...
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
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 top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Paying off debt and making home repairs are the top reasons homeowners choose a cash-out refinance, per the bureau's report.