The actions are widely expected to be rescinded by a new incoming acting CFPB director appointed by President-elect Trump. Both actions — a nonbinding interpretive rule on how existing law applies to ...

The top US consumer financial regulator is seeking to strengthen protections for customers against excessive surveillance and fraud in digital payments and currencies. The Consumer Financial ...

On Monday, the CFPB issued a proposed rule that would prohibit contract terms that limit free expression, including threats of account closure, fines, or breach of contract claims. The proposal would ...

In a Friday news conference, CFPB Director Rohit Chopra alleged that Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo, as well as Zelle operator Early Warning Services LLC, allowed ...

The CFPB found that medical debts provide little predictive value to lenders about borrowers’ ability to repay debts. Agency officials also said consumers frequently report getting inaccurate ...

Banning consumer reporting agencies from including medical debt on credit reports sent to lenders will also help stop lenders from using credit reports to force bill payments, the CFPB said.

Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., August 29, 2020. [Photo: Andrew Kelly/Reuters, File] The top U.S. watchdog agency for ...

The CFPB said Monday that Vanderbilt Mortgage & Finance's decisions put many families in a position where they struggled to pay their bills and purchase basic necessities. In one example ...

“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” CFPB Director Rohit Chopra said in a statement. “The CFPB’s lawsuit seeks to ...

"Experian conducted sham investigations rather than properly reviewing the disputes as required by federal law," CFPB Director Rohit Chopra said. A representative for Experian said the lawsuit is ...

The CFPB said the new rule will remove roughly $ ... U.S. News // 1 day ago Calif. Gov. Newsom invites Trump to visit fire-ravaged areas Jan. 11 (UPI) -- California Gov. Gavin Newsom wants ...

In a move that could have significant implications for consumers and the credit reporting industry, the Consumer Financial Protection Bureau (CFPB) has taken legal action against Experian ...