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Tag:
CFPB
Business Finance
Will the Consumer Finance Protection Bureau die under Trump?
(FINANCE NEWS) The CFPB has been making great strides in protecting consumers from big banks and foreclosure. With a new president, will all this change, or will the CFPB be able to continue their work?
Politics
DNC Chair backs controversial Payday Loan bill
Payday loans are often seen as risky, but oftentimes for the entrepreneur they can be necessary. Why is the government trying to undermine the CFPB where payday loans are concerned?
Business Finance
CFPB to help even more consumers understand financial terms
The CFPB has taken additional steps to protect individuals with limited English abilities, ensuring they will be better protected from fraud and scams.
Business News
CFPB makes public 7,700 grievances against financial institutions
The CFPB recently launched a platform for consumers to air their grievances concerning financial institutions and services, already collecting over 7,700.
Housing News
CFPB shores up mortgage protections for military servicemembers
(Housing News) The CFPB has improved the rules to level the playing field for all mortgage borrowers, but there are rules that specifically protect active military servicemembers.
Housing News
How the CFPB’s new HUD-1 closing disclosure forms fall short
CFPB was created by the Obama administration in 2011 to protect consumers, and immediately sought out ways to "bubble-proof" America, starting with mortgage disclosure forms.
Housing News
CFPB: new rules proposed for mortgage servicers
As a part of our nation's cleaning up their mortgage act, the CFPB is looking to require better communication from servicers and will streamline the mortgage disclosure form with the goal of helping homeowners better understand their loans.
Housing News
CFPB to require mortgage servicers to be more transparent
As the mortgage crisis came to a head, the CFPB was formed and seeks to reform mortgage servicing to provide more transparency in every monthly statement to homeowners in an effort to improve delinquencies, as consumers should have a better understanding of their loan.