Here’s what we’re hearing from Servicemembers and their families

Today, we’re releasing our third Snapshot of Complaints Received from Servicemembers, Veterans and their Families. The report details the data and trends from consumer complaints we’ve received from members of the military community since July 2011. Here are just a few highlights: Debt collection complaints have continued to rise since our last report, and now [...]

By |2017-05-20T11:45:03-05:00April 28th, 2015|News|Comments Off on Here’s what we’re hearing from Servicemembers and their families

Live from Richmond!

Today, we held a field hearing on payday lending in Richmond, Va. The hearing featured remarks from Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and members of the public. The live event has now ended, but we’ll have a recording available here soon. Consumer Financial Protection Bureau

By |2017-05-20T11:45:09-05:00March 26th, 2015|News|Comments Off on Live from Richmond!

Live from Newark!

Today, we held a field hearing on arbitration in Newark, N.J. The event featured remarks from Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and members of the public. The live event has now ended, but we’ll have a recording available here soon. Consumer Financial Protection Bureau

By |2017-05-20T11:45:10-05:00March 11th, 2015|FCRA|Comments Off on Live from Newark!

State AG Wants Loan Forgiveness from Embattled Corinthian

Massachusetts Attorney General Maura Healey has asked the Department of Education to forgive the school loans of hundreds of students from the state enrolled at Corinthian Colleges Inc., a for-profit company investigated by federal authorities for practices that left many students deeply in debt. Collection & Credit Risk

By |2015-02-18T14:42:26-06:00February 18th, 2015|FCRA|Comments Off on State AG Wants Loan Forgiveness from Embattled Corinthian

Four Takeaways from Watt’s Grueling Return to Capitol Hill

At a hearing Tuesday, GOP lawmakers hammered FHFA Director Mel Watt for four hours over his recent decisions to allow Fannie Mae and Freddie Mac to buy loans with lower downpayments and provide money to two affordable housing trust funds. News

By |2015-01-31T23:13:04-06:00January 31st, 2015|News|Comments Off on Four Takeaways from Watt’s Grueling Return to Capitol Hill

Senators Seek Discharge of Student Loans from Law-Breaking Colleges

Thirteen U.S. senators, led by Sen. Elizabeth Warren, D-Mass., sent a letter to the Department of Education this week calling for it to use its authority to discharge federal student loans for students who attend colleges that break the law. Collection & Credit Risk

By |2014-12-13T14:26:07-06:00December 13th, 2014|FCRA|Comments Off on Senators Seek Discharge of Student Loans from Law-Breaking Colleges

Live from Oklahoma City!

Today, we held a field hearing on medical debt collection in Oklahoma City, OK. The hearing featured remarks from Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and members of the public. The live event has now ended, but we’ll have a recording available here soon. Consumer Financial Protection Bureau

By |2017-05-20T11:45:15-05:00December 11th, 2014|News|Comments Off on Live from Oklahoma City!

The 2014 annual report from the CFPB Ombudsman’s Office

Today, I want to share with you the CFPB Ombudsman’s third annual report, which I delivered to Director Cordray. For those people not familiar with our role, we are an independent, impartial, and confidential resource that assists consumers and companies in informally resolving issues with the CFPB. We have a new section in our report [...]

By |2017-05-20T11:45:16-05:00November 27th, 2014|FCRA|Comments Off on The 2014 annual report from the CFPB Ombudsman’s Office

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