topic-orgov00000233 News Coverage on U.S. Consumer Financial Protection Bureau - CTNow
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U.S. Consumer Financial Protection Bureau

A collection of news and information related to U.S. Consumer Financial Protection Bureau published by this site and its partners.

Top U.S. Consumer Financial Protection Bureau Articles

Displaying items 1-11
  • As more seniors rely on reverse mortgages, troubles beckon for heirs

    A new government report shows many seniors are taking out reverse mortgages on their homes without fully understanding the ramifications, leading to foreclosures among borrowers and a tangle of problems for heirs after the borrower dies. "Consumer...
  • How to choose a financial adviser who's right for you

    How to choose a financial adviser who's right for you
    Some financial advisers are riddled with conflicts of interest, making extra cash for themselves when they put your money in bad investments. Hidden fees and sales commissions can secretly gobble up thousands of your hard-earned dollars. That said,...
  • Business events: Broward Coalition on Aging seminar March 12

    Business events: Broward Coalition on Aging seminar March 12
    A schedule of seminar and networking events Broward and Palm Beach counties. Feb. 24 Manage your credit score, 5:30-7 p.m., BrightStar Credit Union, 2400 Davie Road Davie. Free Credit Matters workshop. 954-486-2728 ext. 5017. Business Casual: In the...
  • Maryland mortgage lender fined $2M for deception, kickbacks

    A Maryland mortgage lender chaired by a former Naval Academy superintendent has been fined $2 million by federal regulators for deceiving veterans and paying kickbacks. The Consumer Financial Protection Bureau announced the consent order involving NewDay...
  • Personal Finance Q&A: Wrong address leads to credit card default

    Personal Finance Q&A: Wrong address leads to credit card default
    Dear Liz: A debt collector says I owe a small debt from a store credit card I opened about six months ago. The wrong address was on file, so I hadn't received any documentation at all. After opening the account I had called the store customer service line...
  • The Mortgage Professor: Does the new CFPB rate tool help consumers shop for a mortgage?

    The Consumer Financial Protection Bureau deplores the fact that almost half of the home buyers it recently surveyed did not shop for a mortgage but dealt with a single loan provider. To encourage shopping, the agency has developed a "Check Interest Rate"...
  • Corinthian Colleges to be delisted from Nasdaq next week

    Corinthian Colleges Inc., the troubled Santa Ana for-profit college operator, is likely to be delisted from the Nasdaq stock exchange by next week, according to company disclosures. Corinthian, which has been on a downward spiral since the federal...
  • When debt collectors cross the line

    Never underestimate the tenacity of debt collectors to get their man -- even if it's the wrong one. I know firsthand what that experience feels like. Several times in this column I've written about my case of mistaken identity. Years ago, my home...
  • Payday loans entrap the most vulnerable

    As our economy continues to improve, there is a crushing weight holding many back: payday loans. While state and local leaders have taken up the cause in certain jurisdictions, this is a national problem that requires Congress to act. Unscrupulous lenders...
  • Weigh pros and cons of reverse mortgages for your situation

    Weigh pros and cons of reverse mortgages for your situation
    Reverse mortgages are in the headlines again — and again, sometimes for the wrong reasons. The attention being paid to the loan product, which lets seniors 62 and older borrow against the equity in their homes, points to its anticipated...
  • Consumer bureau's mortgage rate checker doesn't disclose full costs

    WASHINGTON — When the federal government's consumer protection agency for financial matters tells you how to shop for a good deal on a home mortgage, you should follow the advice, right? Maybe some of it. The Consumer Financial Protection Bureau,...