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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 111-121
  • Best option for underwater homeowner may be letting condo go

    By Ilyce Glink and Samuel J. Tamkin Q: In May 2005, I bought a condo in Miami for $385,000, with $140,000 down and the rest on a 6 percent, 30-year fixed-rate mortgage. Then I went through a lengthy divorce and ended up with title to the condo. Suffice...
  • Corinthian Colleges discloses Fed's probe of job placement numbers

    Corinthian Colleges discloses Fed's probe of job placement numbers
    Federal regulators are investigating for-profit college chain Corinthian Colleges Inc. for falsifying job-placement rates, adding to at least a dozen other state and federal investigations into the company's business practices, Corinthian disclosed in...
  • Mortgage servicer shenanigans keep consumer watchdog busy

    WASHINGTON — Got problems with the company that services your home mortgage — the one that collects your payments, keeps track of your escrow account and lets you know when you're late? So your monthly numbers don't look right? You got blown...
  • Letters: Reining in payday lenders

    Re "Payday lenders can't hide ugly rates," Column, Feb. 11 The payday loan industry can try and dress up its loans to look less abusive, but it's just putting lipstick on a pig. Californians pay $578 million in interest payments on payday loans...
  • Attention on student loans yields efforts for reform

    Repaying student loans can be a drag — and not just on your own finances. This month, the Senate Budget Committee held a hearing on the effect of student debt on U.S. economic growth. The hearing follows a growing body of research that suggests...
  • Dealers defend car loan mark ups

    Dealers defend car loan mark ups
    Car shopping? Better start loan shopping too, or you might pay a higher interest rate than you qualify for. Dealers are allowed to mark up interest rates on loans they arrange, usually without the knowledge of consumers. Nearly four out of five new-...
  • Co-signing has risks for young borrower, too

    It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank. In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...
  • U.S. agencies learning clarity

    U.S. agencies learning clarity
    It isn't often that one hears the word "stellar" used to describe a federal form. Nevertheless, that's the term Annetta Cheek, a leading advocate of clarity in how government communicates with citizens, uses to praise the form that took the Grand...
  • Sallie Mae's loan terms violated rights of military service members, officials say

     
    About 60,000 service members will receive a cut of $96 million in settlements that federal regulators announced Tuesday with student loan servicer Sallie Mae over allegations that its terms violated service members' rights. Authorities alleged Sallie...
  • New report shows continued frustration with the accuracy, dispute process of credit reports

     
    About one of every 10 complaints filed with the Consumer Financial Protection Bureau has been about credit reporting. The majority of the complaints deal with the accuracy and completeness of the data. Last week, the agency warned companies that provide.....
  • Free video gives 5 steps to get money for college

    Free video gives 5 steps to get money for college
    Wells Fargo and its private student lending division have produced the free  “Five Steps to Financial Aid” video series to educate students and their families on ways to pay for college.  It has already gotten more than 1.1 million views...