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Consumer Financial Protection Bureau

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GE Capital ordered to pay quarter of a billion dollars

Jun 20, 2014
More on the largest discrimination-based credit card settlement in US History
Posted In: Credit card, Consumer Financial Protection Bureau

New rules make it harder to get a mortgage, but protect consumers more

Jan 8, 2014
The rules are more strict in an effort by the Consumer Financial Protection Bureau to make the housing market safer for consumers.
Posted In: mortgage, Consumer Financial Protection Bureau

The wild west is over for debt collectors

Nov 7, 2013
The Consumer Financial Protection Bureau will announce new rules for the debt collection industry.
Posted In: debt collection, Consumer Financial Protection Bureau

Consumer complaint? Who you gonna call? Try the government

Aug 9, 2013
Since 2011, the Consumer Financial Protection Bureau has been collecting consumer complaints and helping people resolve their disputes with companies. Richard Cordray, the newly confirmed CFPB director, talks about using his organization as a resource.
Posted In: Consumer Financial Protection Bureau, Richard Cordray, Personal Finance

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

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

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

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

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

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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