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.
consumer financial protection bureau
Mortgage Insurers Funneled Kickbacks to Lenders, Alleges CFPB
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 Promises 'Unrelenting' Enforcement at SEC
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.
Is Budgeting the Best Way to Save? Seven Personal Finance Myths
Can money buy happiness? Does more education equal more money? When it comes to personal finance myths, what you don't know CAN hurt you!
Buried Under Student Loan Debt? The Government Is Here to Help
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.
Mortgage Relief Scams Still Going Strong
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.
More States Join Lawsuit Challenging CFPB and Dodd-Frank
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.
How Colleges May Be Helping Banks Rob Their Students
The Consumer Financial Protection Bureau has reason to believe colleges are letting their students get snookered by the banks the schools partner with, and it has launched an inquiry.
Prepaid Cards Can't Hurt Your Credit, but Can't Help It Either
Some people think that using prepaid cards can help them build or restore their credit. Not true. Unlike traditional credit cards, or even secured cards, the best one can say about prepaid cards is that they won't let you damage your credit.
Obama to Tap Former Federal Prosecutor Mary Jo White to Head SEC
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.
CFPB Unveils New Federal Rules to Curb Risky Mortgages
The Consumer Financial Protection Bureau is laying out the nation's first rules aimed at ensuring that mortgage borrowers can afford the loans they take out. Among the new regulations are bans on the risky "interest-only" and "no documentation" loans that helped inflate the housing bubble.
Year-End Paperwork Purge: What to Keep, What to Shred
Even the most digitally savvy consumer can amass reams of paperwork by year's end, from ATM and gift receipts to credit card statements and tax forms. Here's the skinny on what to keep and what to toss in the year-end paperwork purge.
The Most Important Item in Your Credit Report
Most of your financial life is reflected on your credit report. But there's one specific aspect that carries more weight than any other when Equifax, Experian, and TransUnion calculate your credit score -- because it accounts for more than half of the updates the credit bureaus receive.
CNNMoney's Money Heroes Offer Their Best Financial Advice
The people CNNMoney has saluted over the past year for improving others' finances have some more help to offer: sound advice for you.
CFPB to Oversee Debt Collectors
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.