A new analysis from CFPB researchers finds that the majority of mortgage borrowers in forbearance during COVID-19 have since become current on their loans
FTC Announces Tentative Agenda for May 23 Open Commission Meeting
A new analysis from CFPB researchers finds that the majority of mortgage borrowers in forbearance during COVID-19 have since become current on their loans
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
In response to the COVID-19 crisis, the CFPB’s Elder Fraud Prevention and Response Network program adapted to conduct convenings virtually to respond to financial exploitation targeting older adults, including those from underserved populations
Mortgage borrowers are paying around $100 a month more depending on which lender they choose, for the same type of loan and the same consumer characteristics (such as credit score and downpayment)
Creditors can obtain civil judgments to seize assets and garnish wages for unpaid debts
We are piloting a new collection of auto data
We requested information from the largest credit card companies about why actual payment information has largely gone missing from the nationwide consumer reporting system
The distribution of credit score tiers shifted upward during the pandemic
The past two years of high inflation have been difficult for renters
Consumers will receive checks in the mail from the CFPB’s enforcement action against five student loan debt relief companies