Back from the Dead: Zombie Second Mortgages
Forgotten second mortgages may be coming back to haunt homeowners who haven’t received notices or account statements for years.
Strengthening Appraisal Oversight: Progress at the Appraisal Subcommittee
CFPB Deputy Director Zixta Martinez discusses changes at the ASC since she became Chair in 2022, including enhanced state oversight, landmark hearings on appraisal bias, and improved collaboration with The Appraisal Foundation to create a more equitable and accountable appraisal industry.
Holding Credit Reporting Companies Accountable for Junk Data
Including junk data and mistakes on people’s credit reports is against the law.
What We’re Watching: Language Access in Consumer Finance
Financial institutions are increasingly serving consumers in languages other than English.
Mortgage Lenders Must Comply with the Law, Not Invent Loopholes
Consumers are entitled to critical legal protections regardless of how products are labeled.
Strengthening State-Level Consumer Protections
Today, the CFPB is releasing new recommendations to states on how they can update their laws and regulations to meet new risks and challenges.
New protections for payday and installment loans take effect March 30
The CFPB’s rule protecting payday and installment loan borrowers takes effect on March 30, 2025.
LFG (Looking for gamers): CFPB wants to hear about your video game loot
The CFPB invites video gamers to share their experiences with video game currencies, gaming companies, fraud, scams, and account hacks.
Protecting you from unlawful debt collection at work
The Consumer Financial Protection Bureau is stopping companies from improperly contacting people in the workplace to put pressure on them to pay allegedly owed debts.
New tactics from companies trying to charge illegal junk fees
As companies are stopped from charging illegal junk fees, people are facing new risks as companies experiment with sketchy fee tactics, which are themselves also often illegal.