Consumer Financial Protection Bureau

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Is fight over CFPB undermining its authority?

Apr 24, 2013
Observers worry the lack of a full-fledged director undercuts agency's ability to protect consumers.
Posted In: CFPB, Consumer Financial Protection Bureau, Richard Cordray
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Obama taps former prosecutor as Wall Street cop

Jan 24, 2013
Mary Jo White battled mobsters and terrorists as U.S. Attorney. Now, she’ll face hedge fund titans and high-speed traders to revive the SEC.
Posted In: CFPB, Consumer Financial Protection Bureau, Richard Cordray, Mary Jo White, SEC, Securities and Exchange Commission
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CFPB proposes new rules for mortgage servicers

Aug 10, 2012
The Consumer Financial Protection Bureau today proposed new rules for the companies that service your mortgage. The proposed reforms seem to mandate a big upgrade in customer service.
Posted In: Consumer Financial Protection Bureau, mortgage
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Bark or bite: Credit reporting agencies get watchdog

Jul 20, 2012
Around 40 percent of credit reports have mistakes on them -- and it is a pain to get them fixed. The Consumer Financial Protection Bureau announced that it will start scrutinizing credit reporting agencies.
Posted In: Richard Cordray, credit report, credit score, Consumer Financial Protection Bureau
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CFPB levels first fine on Capital One

Jul 19, 2012
Capital One must pay $210 million after settling charges from the Consumer Financial Protection Bureau that it misled credit card customers.
Posted In: Capital One, CFPB, Consumer Financial Protection Bureau
11

A new cop on the credit reporting beat

Jul 18, 2012
New government oversight could give consumers more power.
Posted In: Consumer Financial Protection Bureau, CFPB, credit score
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Consumer bureau out with first list of complaints

Jun 19, 2012
The Consumer Financial Protection Bureau has made public the details of 137 complaints against credit card companies, but it's just a small fraction of the almost 17,000 such complaints the agency received.
Posted In: CFPB, Consumer Financial Protection Bureau
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Consumer agency nears release of complaints

Jun 15, 2012
With few regulatory teeth and partisan fighting over its budget, the new Consumer Financial Protection Bureau continues to carve out a role as a place people go to air financial grievances.
Posted In: CFPB, Consumer Financial Protection Bureau
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Consumer bureau investigates bank overdraft fees

Feb 22, 2012
The Consumer Financial Protection Agency will question banks about how overdraft fees may create serious economic hardship for consumers least able to afford it.
Posted In: overdraft, Banks, Consumer Financial Protection Bureau
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Credit agencies and debt collectors to get federal scrutiny

Feb 16, 2012
The Consumer Financial Protection Bureau is proposing to add the three major credit bureaus and debt colletion companies to the list of businesses the federal agency can now oversee.
Posted In: debt collection, credit agencies, equifax, Consumer Financial Protection Bureau, CFPB

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