Trump is taking down the CFPB, calling it an agency designed to destroy people. The newly appointed director has already halted investigations, suspended rules, and effectively shut down operations
Trump has officially fired Rohit Chopra, head of the CFPB, raising big questions about the agency’s future.
The CFPB is cracking down on mortgage lenders, investigating whether they’re price gouging minority borrowers—yet the government’s own Loan-Level Price Adjustments create the very disparities they’re targeting.
CFPB is removing an estimated $49 billion in medical debt from credit reports. This affects 15 million Americans by banning lenders from using medical debt in credit decisions.
The CFPB is suing Vanderbilt for risky loan practices in manufactured home sales.
The government has gone nuts.
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Rohit Chopra, Director of The Consumer Finance Bureau on Capital Hill sending every indication that regulations and enforcement to turn up the heat on mortgage companies.
Last week, Equifax, Experian, and TransUnion announced a noteworthy decision: they have eliminated unpaid medical collections under $500 from consumer credit reports.
The Consumer Finance Protection Bureau issued an advisory opinion against collection agencies to not pursue a collection on previous foreclosure. Know your rights and learn how to protect yourself.
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