CFPB

Latino-Focused Lender Oportun Scraps Bank Charter After CFPB Probe
Latino-Focused Lender Oportun Scraps Bank Charter After CFPB Probe
October 11, 2021  |  Loans

Oportun, a specialist in low- to moderate-income lending, which services many Latinos, has withdrawn its application for a bank charter. Get the Full Story Complete...

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Senate Narrowly Confirms Rohit Chopra as Consumer Watchdog Boss
Senate Narrowly Confirms Rohit Chopra as Consumer Watchdog Boss
October 01, 2021  |  CFPB

The U.S. Senate confirmed President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB) 50-48 in a party-line vote that got no Republican...

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CFPB Nominee Rohit Chopra Could Soon Gain Senate Approval
CFPB Nominee Rohit Chopra Could Soon Gain Senate Approval
September 22, 2021  |  Politics

Rohit Chopra, President Biden’s nominee to lead the Consumer Finance Protection Bureau (CFPB), looks to be close to approval by the Senate, The Wall Street...

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CFPB: Millions of Renters at Risk Without COVID Relief
CFPB: Millions of Renters at Risk Without COVID Relief
September 17, 2021  |  Financial Inclusion

Millions of American renters and their families are at risk of economic harm from the COVID-19 pandemic as federal and state relief programs wind down,...

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From BNPL to Crypto, Former CFPB Official Says ‘Everything Viewed Suspiciously’
From BNPL to Crypto, Former CFPB Official Says ‘Everything Viewed Suspiciously’
September 16, 2021  |  Payment Methods

Nothing is as certain as death and taxes, they say. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
September 03, 2021  |  CFPB

Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose...

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Hurricane Season Puts Focus on Mitigating Financial Disruption of Natural Disasters
Hurricane Season Puts Focus on Mitigating Financial Disruption of Natural Disasters
August 30, 2021  |  Economy

Greek philosopher Epicurus gets the nod for writing, “Skillful pilots gain their reputation from storms and tempest.” As wildfires, tropical storms, floods and hurricanes compound...

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CFPB Rolls Out Rental Assistance Finder For Renters And Landlords
CFPB Rolls Out Rental Assistance Finder For Renters And Landlords
July 29, 2021  |  Real Estate

The Consumer Financial Protection Bureau (CFPB) launched an online tool on Thursday (July 29) to help renters and landlords search and apply for help to...

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CFPB: Credit Applications Returning To Pre-Pandemic Levels
CFPB: Credit Applications Returning To Pre-Pandemic Levels
July 28, 2021  |  Loans

Consumer applications for mortgages, car loans and revolving credit cards had essentially returned to pre-pandemic levels by May, a new report from the Consumer Financial...

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