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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 73-84
  • Bank clients of Middle Eastern descent want answers on closed accounts

    From Washington state to Florida, surprising letters from banks have turned up in the mailboxes of at least a dozen people. The message in each case: Your bank account is being closed. What frustrates the recipients is not only that they are all of...
  • Column: What to do when your college shuts down

    LOS ANGELES (Reuters) - The collapse of Corinthian Colleges Inc. and the abrupt shutdown of several other for-profit campuses this year have left tens of thousands of students wondering about the future of their education - and their debt. For many...
  • Why Can Lenders Charge Interest After Mortgage Paid Off?

    Hundreds of thousands of home sellers have had their pockets picked at closings during the last decade — they've been charged interest on their mortgages after their principal debts had been fully paid off. This practice, endorsed by a federal...
  • In N.C., banks are a reliable source of campaign cash for Sen. Hagan

    WASHINGTON U.S. Sen. Kay Hagan has received $962,000 since 2008 from employees and political action committees of industries under the jurisdiction of the Senate Banking, Housing and Urban Affairs Committee, on which she served for much of her first term....
  • U.S. consumer regulator warns credit cards on marketing

    WASHINGTON (Reuters) - The top U.S. consumer protection regulator issued a stern warning to credit card companies on Wednesday, saying it believes some of them are deceiving customers about hidden fees associated with certain promotional offers. Consumer...
  • Liberal Activists In Connecticut Want Elizabeth Warren To Run

    Liberal Activists In Connecticut Want Elizabeth Warren To Run
    TORRINGTON — U.S. Sen. Elizabeth Warren is not — I repeat, not — running for president. The Democrat from Massachusetts has said over and over that she will not be a candidate in 2016. She even recently had her attorney send a letter...
  • Campus debit cards aren't always the smartest choice

    For students heading to college this fall, signing up for the debit card that's promoted on campus may seem like the obvious choice, but consumer advocates say it's best to shop around. In a recent post on its website, the Consumer Financial Protection...
  • The Mortgage Professor: The CFPB is now a consumer complaint clearinghouse: Will that help consumers?

    Markets for financial services often don't work well for consumers. The trial and error technique that consumers rely on in navigating many markets, such as food and clothing markets, does not work well when transactions are large and infrequent....
  • Two thirds haven't filed claims to Ocwen mortgage settlement

    Two thirds haven't filed claims to Ocwen mortgage settlement
    Only about a third of eligible Florida homeowners has filed claims in a $2.1 billion mortgage settlement case, with the deadline approaching Sept. 15, the Florida Office of Financial Regulation said Wednesday. A total of 31,036 Floridians qualified...
  • Beat those annoying overdraft fees

    Consumers paid an estimated $32 billion in overdraft fees on their debit accounts in 2013. But did you know that most of that revenue comes from customers who give the bank explicit permission to charge them? The Consumer Financial Protection Bureau...
  • Mediation veteran Eric Green to oversee Bank of America settlement

    The official in charge of making sure Bank of America complies with terms of its record $16.65 billion settlement is a 35-year veteran of mediation, playing roles in major cases involving the likes of Microsoft, Visa and MasterCard, and even Bank of...
  • Beware, mortgage scammers on the rise again

    For years, it was "the Wild West" of real estate scams. As the housing crisis pummeled struggling homeowners, scammers pounced. They offered "easy" loan modifications and "foreclosure counseling" that were often nothing more than attempts to wrest money...