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/

New research report on student loan repayment and broader household borrowing

New research report detailing how borrowers are paying off their student
loans, what they do after, and what it might mean for their personal finances
and the broader economy. 

New research report detailing how borrowers are paying off their student loans, what they do after, and what it might mean for their personal finances and the broader economy. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/blog/new-research-report-student-loan-repayment-and-broader-household-borrowing/