Missouri Could Ban Payday Loan Outlets From Collecting Utility Bills
Missouri regulators are weighing whether to stop a practice in the state of allowing payday lenders to collect utility bill payments from customers. Collections - Other Consumer
Live from El Paso!
Today, join us for a field hearing on consumer complaints in El Paso, Texas at 10:30 a.m. MDT. The event will feature remarks from Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and members of the public. We’re livestreaming the event so you can follow along. This event is open to [...]
Heirs to Mortgages Excused from Underwriting, CFPB Says
The Consumer Financial Protection Bureau is allowing lenders to skip the ability-to-repay rule when transferring a loan to the kin of a deceased borrower or for other life events. News
Live from Reno!
Today, we held a Consumer Advisory Board meeting in Reno, Nevada to discuss our mortgage rules which took effect earlier this year. This event featured remarks by Deputy Director Steve Antonakes, followed by panel discussions with members of the Consumer Advisory Board. You can take a look at our meeting agenda. The live event has [...]
We’re helping long-term care facilities protect older Americans from financial exploitation
We’ve heard a lot of stories about vulnerable adults falling prey to con artists, family members, fiduciaries, and professional advisers who steal their nest eggs and threaten their financial security. A son steals $ 315,000 from his elderly mother’s retirement accounts and frequents casinos. When he doesn’t pay his mother’s rent, she’s evicted from her [...]
Live from New Orleans!
Today, join us for a field hearing in New Orleans on mobile financial services at 10 a.m. CDT. The event will feature remarks from Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and members of the public. We’re livestreaming the event so you can follow along. This event is open to [...]
How to protect vulnerable children from credit reporting problems
We’ve been hearing from foster youth who’ve experienced identity theft. One young man described moving into his first apartment and all of the new responsibilities that came with this milestone. When he went to set up his utilities, he found out that someone else’s unpaid account appeared on his credit report. Credit reporting touches the [...]
Live from Washington, D.C.
We held a forum to discuss the mortgage closing process. The event featured remarks by Director Richard Cordray and Housing and Urban Development Secretary Shaun Donovan. The forum also included a panel discussion with CFPB staff, consumer and industry groups, and comments from the public. The live event has now ended, but a recording of the [...]
