All posts tagged Consumer Financial Protection Bureau
What CFPB’s proposed mortgage servicing rules could mean for you
The Consumer Financial Protection Bureau is considering new proposed rules that would help homeowners better manage their mortgages with mortgage servicers. Mortgage servicers are companies responsible for collecting payments from borrowers on behalf of the actual loan owner.
Infographic: CFPB releases financial aid comparison shopper for students
CONSUMER FINANCIAL PROTECTION BUREAU - The Consumer Financial Protection Bureau (CFPB) today launched the next phase of its Know Before You Owe student loan project by releasing a
Obama frees consumer watchdog from Republican doghouse
Wary of Republicans' fiddling while America's economy burns, President Barack Obama lived up to a promise and used special presidential powers to put Richard Cordray in place to
CFPB unveils simplified credit card disclosure form
The U.S. Consumer Financial Protection Bureau (CFPB) recently rolled out a plain-English credit card agreement prototype designed to simplify the credit card agreement you trigger when you first
Feds play hardball with mortgage modification scams
If G-men were as tough on predatory loans as they now are on mortgage modification fraud, the nation still could be enjoying good times. Those toxic NINJA, no-doc, interest-only,
Voters strongly support Wall Street reform
AARP – Voters broadly and strongly support Wall Street reform. They support it in principle, they support it in law, they support the individual components of the reform
CFPB: Credit scores cloudy with a good chance of confusion
The credit score you buy may not be the credit score your lender uses when you apply for credit. Shut the door! And the practice can cost you some serious
Consumer watchdog opens amid efforts to defang the new agency
Born of the massive Dodd-Frank Wall Street Reform Act, signed into law a year ago, the Consumer Financial Protection Bureau (CFPB) officially opened last week, it's plate full
Federal consumer watchdog digging into mortgage disclosures
Chronic confusion about home loans has prompted a new federal consumer agency to attempt what has been impossible -- create mortgage disclosures that clearly explain the true cost
Reverse Mortgages: Look hard before you leap
Reverse mortgages are complicated financial products and homeowners should not sign on the dotted line without first considering alternatives and the risks associated with the loans. Along with California
Reverse Mortgages: The debate heats up
Reverse mortgage lenders often mislead retirement-bound home owners into signing for a complicated financial product that could unnecessarily cost them their equity and put their home ownership at
Appraisers up next for 'Wall Street Reform' brand of regulatory do-over
Tolling the death knell for the Home Valuation Code of Conduct (HVCC), the Federal Reserve Board recently announced final regulatory orders for real estate appraisers. The interim final rule
Landmark consumer protection law heavy with strong mortgage rules
President Obama recently signed the landmark H.R. 4173: Restoring American Financial Stability (RAFS) Act of 2010 which, in part, eliminates many of the lax mortgage lending practices that
