| Jan 17, 2014
| 2:30 AM
By Ilyce Glink and Samuel J. Tamkin
This week, the Consumer Financial Protection Bureau's (CFPB) new qualified mortgage (also known as the ability-to-repay) rule went into effect.
The new rule is about helping borrowers understand the true costs of...
| Jan 19, 2014
| 5:00 AM
WASHINGTON — A new federal rule could give millions of home buyers insights they've never had before about a crucial element of their mortgage application: the appraisal, including the electronic cross-checks and reviews now used by lenders to...
| Jan 18, 2014
| 7:00 AM
Most of the risky mortgages that triggered the financial crisis have disappeared from the marketplace, and lenders will have even more reason to avoid them because of a new federal crackdown on loose lending.
But one housing-bubble favorite —...
| Nov 29, 2013
| 5:35 PM
WASHINGTON — As they prepared to launch the Consumer Financial Protection Bureau in early 2011, Obama administration officials settled on its permanent headquarters: a vacant government building a block away from the White House.
They planned to...
| Dec 2, 2013
| 9:00 PM
Students who get the runaround from companies handling their college loans soon may get help from the federal government.
The Consumer Financial Protection Bureau said it will begin regulating the nation's largest student-loan servicing firms, which...
| Dec 9, 2013
| 8:07 PM
Some of the biggest names in the tech world joined forces Monday to tell Uncle Sam that enough's enough: Quit spying on their customers.
AOL, Apple, Facebook, Google, LinkedIn, Microsoft, Twitter and Yahoo said in an open letter to President Obama...
| Apr 22, 2014
| 11:32 AM
A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.
The federal consumer agency said that borrowers complain...
| Mar 11, 2014
| 3:37 PM
Fairwinds Credit Union's online banking turned into an on-again, off-again system for more than a month recently, frustrating customers for hours at a time as they tried to access their accounts and conduct transactions.
"Down again? What is going on...
| Apr 23, 2014
| 8:55 AM
Elizabeth Warren's ninth book is a campaign biography with a twist.
Warren, who emerged as a national figure during the early days of the financial crisis, rapidly became a star of the Democratic Party's liberal-populist wing. Her 2012 Senate campaign...
| Apr 23, 2014
| 10:42 AM
The Consumer Financial Protection Bureau is looking for lenders and technology providers to test whether electronic closings of mortgage loans would simplify a process that is overwhelming and frustrating consumers.
In research conducted during the...
| Apr 8, 2014
| 7:40 PM
Consumers won access to their credit scores more than a decade ago, after advocates voiced concerns over errors and lending bias.
But most people remain in the dark about hundreds of other data-collection programs still being used to size up consumers...