Tag: Consumer Financial Protection Bureau
CFPB to update regulations on debt collection
PROVIDENCE – The federal Consumer Financial Protection Bureau has issued a notice of proposed rule-making to modernize the “rules of the road” for debt...
Federal Reserve System reports annual net income exceeding $63B
PROVIDENCE – The Federal Reserve System’s estimated net income for 2018 is $63.1 billion, the Fed announced. The figure represents the combined profit of...
CFPB acting director calls agency ‘too powerful’
PROVIDENCE – In his first report as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney is calling his agency “too powerful.”
Mulvaney, an...
CFPB offers tools to help families save for future, unexpected expenses
PROVIDENCE – The Consumer Financial Protection Bureau is highlighting a host of tools it provides for individuals and families to save for emergencies and...
CFPB’s Cordray to step down, allowing Trump to remake agency
NEW YORK - Richard Cordray will step down as the head of a controversial consumer watchdog at the end of the month amid growing speculation...
CFPB: Rhode Island mortgage delinquencies lag other N.E. states
WASHINGTON – Rhode Island has a greater percentage of serious delinquent mortgages than most New England states and the United States on average, representing...
CFPB recovers $14 million for 104,000 consumers nationwide
WASHINGTON – The Consumer Financial Protection Bureau estimates it recovered about $14 million in relief for 104,000 harmed customers through the first half of...
CFPB issues temporary rule change to home-equity credit reporting
WASHINGTON – The Consumer Financial Protection Bureau last week issued a new rule to temporarily change reporting requirements for banks and credit unions that...
Making lawsuits work for consumers
Congressional Republicans and the Consumer Financial Protection Bureau are clashing over a question that has implications far beyond the world of finance: How far...
CFPB looks to clarify mortgage lending rules
WASHINGTON – Federal regulators are looking to clarify mortgage lending rules regulating financial institutions.
The Consumer Financial Protection Bureau last week issued a proposal to...
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