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/

Consumer Financial Protection Bureau Issues Analysis of HMDA Data Points

The Consumer Financial Protection Bureau issued a new Home Mortgage Disclosure Act analysis of the 2019 HMDA Data. This data article is the second in a series and follows the first article published in June of this year.

The Consumer Financial Protection Bureau issued a new Home Mortgage Disclosure Act analysis of the 2019 HMDA Data. This data article is the second in a series and follows the first article published in June of this year.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-analysis-hmda-data-points/

CFPB Releases Report on Debt Settlements and Credit Counseling

The Consumer Financial Protection Bureau released a report examining recent trends in debt settlement and credit counseling.

The Consumer Financial Protection Bureau released a report examining recent trends in debt settlement and credit counseling.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-releases-report-debt-settlements-credit-counseling/

FFIEC Announces Availability of 2019 Data on Mortgage Lending

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2019 mortgage lending transactions at 5,508 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA).

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2019 mortgage lending transactions at 5,508 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/ffiec-announces-availability-2019-data-mortgage-lending/

Consumer Financial Protection Bureau Report Shows Substantial Decline in Credit Applications in March

A Consumer Financial Protection Bureau report examining the effects of the COVID-19 pandemic found that consumer credit applications declined substantially in March.

A Consumer Financial Protection Bureau report examining the effects of the COVID-19 pandemic found that consumer credit applications declined substantially in March.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-report-shows-decline-credit-applications-march/

CFPB Issues Financial Literacy Annual Report

The Consumer Financial Protection Bureau issued its Financial Literacy Annual Report for fiscal year 2019.

The Consumer Financial Protection Bureau issued its Financial Literacy Annual Report for fiscal year 2019.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-2019-financial-literacy-annual-report/

CFPB Releases New Report Exploring Differences between Large and Small Mortgage Servicers

The Consumer Financial Protection Bureau (Bureau) released today a report examining the differences between large and small mortgage servicers. The report explores the role servicers of different sizes play in the mortgage market where size is defined …

The Consumer Financial Protection Bureau (Bureau) released today a report examining the differences between large and small mortgage servicers. The report explores the role servicers of different sizes play in the mortgage market where size is defined by the number of loans serviced.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-releases-new-report-exploring-differences-between-large-and-small-mortgage-servicers/

CFPB Releases Research on Tax Time Savings

The Consumer Financial Protection Bureau (Bureau) released today the results of a pilot study, Planning for tax-time savings, launched with the tax preparation company H&R Block that shows that simple messages encouraging customers to use their pre…

The Consumer Financial Protection Bureau (Bureau) released today the results of a pilot study, Planning for tax-time savings, launched with the tax preparation company H&R Block that shows that simple messages encouraging customers to use their prepaid card to save at tax time increased the likelihood that they would do so.  

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-releases-research-tax-time-savings/

Consumer Financial Protection Bureau Releases Report on Third-Party Debt Collections

The Consumer Financial Protection Bureau
(Bureau) released a report today that found that more than one-in-four
consumers with a credit report have at least one debt in collection by third-party
debt collectors.

The Consumer Financial Protection Bureau (Bureau) released a report today that found that more than one-in-four consumers with a credit report have at least one debt in collection by third-party debt collectors.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-releases-report-third-party-debt-collections/