Consumer Financial Protection Bureau Report Examines Early Impact of Pandemic on Consumer Credit

The Consumer Financial Protection Bureau issued a report examining the early effects of the COVID-19 pandemic on consumer credit.

The Consumer Financial Protection Bureau issued a report examining the early effects of the COVID-19 pandemic on consumer credit.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-report-examines-pandemic-impact-on-consumer-credit/

New CFPB Guide for Intermediaries to Assist Non-Filers to Access their Economic Impact Payments

The Consumer Financial Protection Bureau released a guide to assist intermediaries in serving individuals to access their Economic Impact Payments (EIPs).

The Consumer Financial Protection Bureau released a guide to assist intermediaries in serving individuals to access their Economic Impact Payments (EIPs).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-intermediaries-guide-non-filers-access-economic-impact-payments/

Director Kraninger’s Remarks During the Women in Housing and Finance Annual Symposium

Good morning. Thank you, Kara, for that kind introduction. And thank you to Women in Housing and Finance for hosting this event.

Good morning. Thank you, Kara, for that kind introduction. And thank you to Women in Housing and Finance for hosting this event.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraninger-remarks-women-in-housing-and-finance-annual-symposium/

Oral Testimony of Director Kraninger Before the House Financial Services Committee

Chairwoman Waters, Ranking Member McHenry, and Members of the Committee, thank you for this opportunity to provide you with an update on the CFPB’s important work. I appear before you as the country is engaged in a national conversation on racial inequ…

Chairwoman Waters, Ranking Member McHenry, and Members of the Committee, thank you for this opportunity to provide you with an update on the CFPB’s important work. I appear before you as the country is engaged in a national conversation on racial inequality and confronting the unprecedented pandemic.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/oral-testimony-director-kraninger-house-financial-services-committee/

Oral Testimony of Director Kraninger Before the Senate Banking Committee

Chairman Crapo, Ranking Member Brown, and Members of the Committee, thank you for this opportunity to provide you with an update on the CFPB’s important work. I appear before you as the country is engaged in a national conversation on racial inequality…

Chairman Crapo, Ranking Member Brown, and Members of the Committee, thank you for this opportunity to provide you with an update on the CFPB’s important work. I appear before you as the country is engaged in a national conversation on racial inequality and confronting the unprecedented pandemic.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/oral-testimony-director-kraninger-senate-banking-committee/

CFPB Releases Updated COVID-19 Consumer Complaint Data

The Consumer Financial Protection Bureau issued an updated Complaint Bulletin, analyzing the more than 8,000 complaints it received from January through May 2020 that mention coronavirus or related terms (“coronavirus keywords”).

The Consumer Financial Protection Bureau issued an updated Complaint Bulletin, analyzing the more than 8,000 complaints it received from January through May 2020 that mention coronavirus or related terms (“coronavirus keywords”).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-releases-updated-covid-19-consumer-complaint-data/

CFPB Issues Interim Final Rule on Loss Mitigation Options for Homeowners Recovering from Pandemic-Related Financial Hardships

The Consumer Financial Protection Bureau (Bureau) issued today an interim final rule (IFR) that will make it easier for consumers to transition out of financial hardship caused by the COVID-19 pandemic and easier for mortgage servicers to assist those …

The Consumer Financial Protection Bureau (Bureau) issued today an interim final rule (IFR) that will make it easier for consumers to transition out of financial hardship caused by the COVID-19 pandemic and easier for mortgage servicers to assist those consumers.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-interim-final-rule-loss-mitigation-options-pandemic-related-financial-hardships/

Remarks by Director Kraninger During Consumer Data Industry Association Webinar

Good afternoon. Thank you, Francis, for the introduction. I appreciate the opportunity to be with you today and I look forward to the day when we all will be able to meet safely in-person once again.

Good afternoon. Thank you, Francis, for the introduction. I appreciate the opportunity to be with you today and I look forward to the day when we all will be able to meet safely in-person once again.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/remarks-director-kraninger-consumer-data-industry-association/

Consumer Financial Protection Bureau Takes Action to Help Consumers Receive Relief from Credit Card Issuers

The Consumer Financial Protection Bureau took action to help consumers receive relief during the pandemic more quickly from their credit card issuer.

The Consumer Financial Protection Bureau took action to help consumers receive relief during the pandemic more quickly from their credit card issuer.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-helps-consumers-receive-relief-from-credit-card-issuers/

CFPB Takes Action to Help Struggling Homeowners Seeking Mitigation Efforts; Consumers Seeking Small-Dollar Loans

The Consumer Financial Protection Bureau announced that it issued two No-Action Letter (NAL) Templates under its innovation policies.

The Consumer Financial Protection Bureau announced that it issued two No-Action Letter (NAL) Templates under its innovation policies.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-helps-struggling-homeowners-seeking-mitigation-efforts-consumers-seeking-small-dollar-loans/