News

2018

June

20
  • Consumer watchdog agency needs to get back to doing its job. Recently, the president nominated a Consumer Financial Protection Bureau (CFPB) director: Kathy Kraninger, an ally of the current acting director who has no previous consumer protection experience. The nomination announcement clarifies the essential role of the…
  • Tips for getting a great mortgage—and surviving the process. To guide the homebuying process, Ruth Susswein of the nonprofit Consumer Action suggests consulting CFPB’s online mortgage guide. Its checklists, terms, estimation tools and explanations of the mortgage process are easy to understand and up…
18
  • Trump taps budget aide to head Consumer Bureau. The White House on Saturday said it would nominate Kathy Kraninger, a White House budget official, to serve as the next director of the Consumer Financial Protection Bureau, in a push to continue scaling back…
16
  • Credit freezes will soon be free for everyone. Starting this fall, the big three credit reporting agencies — Equifax, Experian, and TransUnion — will be required to let you freeze your credit file for free. A freeze can help prevent identity thieves from…
14
  • The Fed just made life even worse for home buyers. Buyers are facing a competitive market in which they need to move quickly, bid high and make other concessions if they want to land the deal, real estate agents say. And for every month that…
13
  • What's in a name? Consumer Bureau to find out. Next week, President Trump is expected to nominate a replacement for Mr. Mulvaney, the director of the Office of Management and Budget who has been acting head of the consumer bureau since late last year.…
  • Affordable housing is your spare bedroom. Cities from New York to San Francisco are having a tough time trying to create enough affordable housing for the hundreds of thousands of people who need it. To expand affordable housing in these places…
12
11
  • Seven steps to buying a home. Along with paying down debt, building an emergency fund, and planning for retirement, buying a home is one of the most popular financial planning goals. With interest rates on the rise, you may be wondering…
  • Five ways Mulvaney is cracking down on his own agency. The acting director of the Consumer Financial Protection Bureau (CFPB) often says that the only reason he hasn't burned the agency down is because it's illegal. Mick Mulvaney, the staunchly conservative White House budget director,…
09
  • Why did the Consumer Financial Protection Bureau fire us?. The Consumer Financial Protection Bureau is being gutted from the inside out. Created in 2010 after the Great Recession, during which the typical American household lost one-third of its wealth, the bureau was established to…
08
07
  • Protecting privacy is a civil rights issue. Sweeping privacy violations have the strange effect of revealing that the tracking of consumers by marketers affects everyone while hiding how that tracking hurts some people far more than others. People who value their privacy…
06
  • States ask CFPB to keep complaints database public. Fourteen Democratic state attorneys general are asking the CFPB to keep its consumer complaint database open to the public. State law enforcers risk losing a valuable tool to help “identify patterns of widespread misconduct,” New…
 

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