We’re releasing our third annual Fair Lending Report, which details the important strides we have taken over the last year to protect consumers from credit discrimination and increase access to credit. Our Office of Fair Lending and Equal Opportunity continues to identify and tackle discrimination in different financial markets, such as mortgages, auto loans and [...]
Millions of consumers will now be able to receive the credit scores and credit reports that nonprofit credit counselors purchase on their behalf. Nonprofit organizations that offer credit counseling, housing counseling, and other financial counseling services buy credit reports and scores for the consumers they serve. These reports and scores help counselors engage in constructive [...]
More than 50 million consumers now have free and regular access to their credit scores through their monthly credit card statements or online, the Consumer Financial Protection Bureau reported Thursday. Collection & Credit Risk
Soaring student loan delinquencies and the aftershocks of the 2008 economic downturn have kept people in the Millennial generation from being able to buy their own home, Housing and Urban Development Secretary Julián Castro said during a recent speech. Collection & Credit Risk
Today, we held a forum on access to checking accounts in Washington, D.C. The live event has now ended. The event featured remarks from Director Richard Cordray, as well as presentations from consumer groups, federal and local government officials, and industry representatives. We aim to learn more about how the screening system works and how to [...]
Join us for an event in Washington, D.C. on checking account screening policies and practices. This event will take place on Wednesday, October 8 at 8:30 a.m. EDT. We’ll host a discussion on how checking account screening policies and practices impact consumers. The event will inform the dialogue around how the screening system works and [...]
WASHINGTON -- A battle over social media about how well the current housing finance system treats African-Americans and other minorities has spurred a critical discussion about racial disparities in the mortgage market. Collections - Other Consumer
