Protecting consumers’ right to challenge discrimination
The CFPB filed an amicus brief to protect consumers’ right to challenge discrimination under the Equal Credit Opportunity Act.
Accepting applications for CFPB advisory committees
Beginning on Monday, July 3, we’re accepting applications to serve on our four advisory committees, which provide insight and advice as we carry out our work. Applications are due by July 16, 2023.
Protegiendo a propietarios de tasaciones discriminatorias de viviendas
Hemos introducido una Declaración de Interés junto al Departamento de Justicia para proteger a compradores y propietarios de viviendas de tasaciones discriminatorias.
Worker Surveillance Poses Potential Privacy Harms
In a response to the White House Office of Science and Technology Policy’s inquiry into automated worker surveillance, the CFPB has also outlined concerns about the potential harms workers may face when algorithms continually determine a worker’s earnings, hours, and more.
The CFPB intends to identify ways to simplify and streamline the existing mortgage servicing rules
The foreclosure crisis was an important catalyst for the creation of the Consumer Financial Protection Bureau. Congress required the CFPB to implement new rules to make the mortgage market work better. The new rules first took effect in 2014. During the COVID-19 pandemic, we saw how these rules worked whenContinue Reading
Laying the foundation for open banking in the United States
The CFPB is working to accelerate the shift to open banking through a new personal data rights rule intended to break down these obstacles, jumpstart competition, and protect financial privacy.
Extendemos la fecha tope para recibir comentarios sobre los corredores de datos
Extendimos la fecha tope para recibir comentarios públicos sobre la extensión y alcance de los corredores de datos y sus prácticas de negocios, incluyendo su impacto en la vida cotidiana de los consumidores, y si éstos están cumpliendo las mismas normas.
We are extending the deadline for comments about data brokers
The CFPB is extending the deadline for public input on the full scope and breadth of data brokers and their business practices, including the impact on consumers’ daily lives, and whether they are all playing by the same rules.
Office of Research blog: Update on student loan borrowers as payment suspension set to expire
Since our November 2022 analysis, delinquencies and scheduled payments on non-student-loans have continued to rise for the more than 32 million people with federal student loans. About one-in-five borrowers may experience elevated risk of payment difficulties when scheduled payments resume.
The CFPB has entered the chat
The CFPB is monitoring financial institutions’ use of chatbot technology to ensure consumers receive timely and reliable support from their providers.