The bureau expects to hire roughly 25 tech specialists over the next year or so...

The agency said collection of any fee is forbidden unless it's mentioned in the consumer’s contract or...

While CFPB Director Rohit Chopra is looking to simplify rules and issue more guidance to address uncertainties, some industry participants are skeptical the agency will follow through.

The CFPB affirmed that “convenience” fees charged by debt collectors for payments made through certain means are unlawful unless expressly permitted by law. Trade groups are concerned about the possible impact on mortgage servicers.

The CFPB is looking to hire roughly 25 tech-savvy employees to aid in supervision and enforcement. The positions to be filled range from data scientists to user experience designers.

The consumer watchdog is considering making nonbank financial institutions “register” with the agency. Details? Not many.

The National Community Reinvestment Coalition and 39 other trade groups have called for Utah-based TAB Bank’s Community Reinvestment Act rating to be downgraded over its partnership with a nonbank retail installment lender.

ACE Cash Express, a payday lender, is being sued by the CFPB for concealing free repayment plans from borrowers. The PE-owned ACE denies the charges.

The government watchdog has called on the Comptroller of the Currency to revamp some of its redlining examination tools. Specifically, OCC should give time frames for a planned information repository and update its procedures to account for new statistical analysis techniques.

A new Office of Oversight; credit repair organizations want human trafficking rule changed; court sets Section 1071 rule deadline; CFPB says using credit reports requires permissible purpose; BofA fined: CFPB to clarify on earned wage access.