Consumer Financial Protection Bureau

CFPB Proposes New Protections For Struggling Mortgage Holders

CFPB Proposes New Protections For Struggling Mortgage Holders
CFPB Proposes New Protections For Struggling Mortgage Holders
April 05, 2021  |  CFPB

Under a new set of Consumer Financial Protection Bureau (CFPB) rule changes, avoidable foreclosures would be able to be prevented, according to a press release....

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Pandemic, Credit Reporting Issues Send CFPB Complaints Up 54 Pct
Pandemic, Credit Reporting Issues Send CFPB Complaints Up 54 Pct
March 24, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) found in its Consumer Response Annual Report for 2020 that there were about 542,300 complaints last year, according to...

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Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
March 02, 2021  |  CFPB

Rohit Chopra, President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB), plans to go to bat for Americans struggling with debt amid...

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Biden Asks Consumer Protection Chief Kraninger To Step Down
Biden Asks Consumer Protection Chief Kraninger To Step Down
January 20, 2021  |  CFPB

Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger handed in her resignation Wednesday (Jan. 20) at the request of U.S. President Joe Biden, newly sworn...

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Synchrony Bank Lands CFPB OK For Dual Secured, Unsecured Credit Cards
Synchrony Bank Lands CFPB OK For Dual Secured, Unsecured Credit Cards
December 31, 2020  |  Payment Methods

Synchrony Bank will be able to offer a combination secured/unsecured credit card under a Consumer Financial Protection Bureau order posted Wednesday (Dec. 30). Get the...

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CFPB Clarifies Position On Earned Wage Access Policy; Says Programs Are Not An Extension Of Credit
CFPB Clarifies Position On Earned Wage Access Policy; Says Programs Are Not An Extension Of...
December 01, 2020  |  Payment Methods

The U.S. Consumer Financial Protection Bureau issued an advisory opinion Monday (Nov. 30) that earned wage access (EWA) products do not represent extensions of credit...

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Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
November 04, 2020  |  News

In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig...

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No Open And Shut Path For Open Banking As CFPB Mulls Rules
No Open And Shut Path For Open Banking As CFPB Mulls Rules
November 03, 2020  |  Banking

If data is the oil that brings change to financial services, the pipelines are increasingly under scrutiny. Get the Full Story Complete the form to...

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