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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 78-88
  • Leveling the legal playing field: Limit forced arbitration

     Leveling the legal playing field: Limit forced arbitration
    Imagine the Dodgers have just won the pennant and are going to play the Yankees in the World Series. But the rules have changed: All games will be played in Yankee Stadium. And there are new umpires, hired and paid by the Yankees. With rules like that,...
  • Freddie Mac: Home loan rates level off; 30-year fixed at 4.51%

    Freddie Mac: Home loan rates level off; 30-year fixed at 4.51%
    Mortgage rates leveled off in familiar territory this week, home finance giant Freddie Mac said, with lenders offering 30-year fixed loans to solid buyers at an average of 4.51%, down from 4.53% last week. Fifteen-year fixed mortgages, popular with...
  • Consumer bureau fines payday lender Cash America, orders refunds

    Consumer bureau fines payday lender Cash America, orders refunds
    WASHINGTON -- In its first enforcement action against a payday lender, the Consumer Financial Protection Bureau on Wednesday fined Cash America International $5 million and ordered $14 million in refunds for overcharging customers, robo-signing...
  • The rich are different -- they still get interest-only mortgages

    The rich are different -- they still get interest-only mortgages
    Few of the nontraditional home loans that triggered the financial crisis are still available, and lenders will have even more reason to avoid them now that the Consumer Financial Protection Bureau’s definition of presumably safe and sound...
  • Regulator accuses ITT for-profit college chain of predatory lending

    [Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.] In its first action against a company in the for-profit college industry, the federal Consumer...
  • 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...
  • Spending deal reduces budget requests for Wall Street watchdogs

    Spending deal reduces budget requests for Wall Street watchdogs
    WASHINGTON -- The $1-trillion federal spending bill unveiled by congressional negotiators significantly reduces White House requests for funding of two key Wall Street watchdogs. The Securities and Exchange Commission would get $1.35 billion for the...
  • 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...
  • Sunlight on remittances

    When Congress passed the Dodd-Frank law in 2010, it included a little-noticed provision requiring financial companies and banks to provide greater disclosure to customers sending money overseas. Last week, the new rules took effect, guaranteeing consumers...
  • Consumer protection bureau fails to protect

    Consumer protection bureau fails to protect
    A little-noticed yet significant report card was issued recently measuring the progress of the fledgling Consumer Financial Protection Bureau thus far. The report by a Bipartisan Policy Center task force comes after almost a year's worth of in-depth...
  • Consumer Financial Protection Bureau is Big Brother incarnate [Letter]

    Consumer Financial Protection Bureau is Big Brother incarnate [Letter]
    The federal Bureau of Consumer Financial Protection has no congressional oversight, is supposed to be 10 times larger than the already corrupt IRS, and has no budget ("Consumer Financial Protection Bureau is doing its job," Nov. 9). This organization...