Want to Refinance Your Student Loans? The CFPB Wants to Help
The Consumer Financial Protection Bureau wants to help people struggling with heavy student loan debt get the same kind of ability to refinance that mortgage-holders have.
The Consumer Financial Protection Bureau wants to help people struggling with heavy student loan debt get the same kind of ability to refinance that mortgage-holders have.
On Thursday, the Consumer Financial Protection Bureau filed complaints against four mortgage insurers who the CFPB claimed had paid millions in kickbacks to mortgage lenders.
Mary Jo White vowed Tuesday to make "bold and unrelenting" enforcement of Wall Street a high priority if she is confirmed chairman of the Securities and Exchange Commission.
To solve the student-loan crisis, the Consumer Financial Protection Bureau is asking the public for their ideas. Aside from the personal pain caused by a mountain of student debt, the CFPB wants to head off the possibility of another financial crisis just like the housing bust.
More than five years have passed since the mortgage bubble began to pop, and scammers taking advantage of homeowners still abound. In fact, the criminals and their techniques have become increasingly sophisticated.
Eight more states have joined a lawsuit aimed at challenging the constitutionality of parts of the Dodd-Frank Wall Street Reform and Consumer Protection Act, including the creation of the Consumer Financial Protection Bureau.
President Barack Obama will nominate former federal prosecutor Mary Jo White to head the Securities and Exchange Commission (SEC), a White House source said, restoring the agency's power to work on its overhaul of Wall Street.
Expanding its reach, the government's consumer finance watchdog agency will monitor the day-to-day operations of big debt-collection companies. It is the first time that debt collectors have been subject to federal scrutiny of their routine business practices.
The Consumer Financial Protection Bureau's complaint website already gave Americans a way to seek redress over problems with credit cards, mortgages, bank accounts, auto or personal loans, even student loans. Now, it's also ready to help us deal with credit reporting agencies.
Discover Bank is paying $214 million to settle charges that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring.
The government's consumer lending watchdog proposed new rules Friday aimed at protecting homeowners from unexpected costs and shoddy service by companies that collect their monthly mortgage payments.
It has never been more important to have good credit, but it's no easy task to go against the ratings agencies when your credit report is wrong. Now though, you have an ally in your corner: The Consumer Financial Protection Bureau.
Student loan debt is a $1 trillion issue today, but according to the Consumer Financial Protection Bureau, one fairly small part of the student loan market appears to be most responsible for many of the problems borrowers face: private student loans.
The Capital One Financial settlement with U.S. regulators over deceptive marketing of credit card "add-on products" means a lot to all consumers, not just Capital One customers, according to consumer advocates.
Capital One Bank will pay $210 million to settle charges that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring. About $150 million of that fine will go directly to 2.5 million of its customers.














