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CFPB report focuses on 'discount points,' but paints an incomplete picture

A new CFPB report says that interest rate discount points require additional scrutiny to assess impacts on consumers. ....

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Can You Cancel Your College Loan? A Deadline Looms

There are thousands of college loan recipients who may be able to cancel their loans. ....

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CFPB takes a closer look at consumer mortgage complaints

The CFPB released an annual report that tallies consumer complaints and shared findings specific to the mortgage industry. ....

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With medical debt burdening millions, a financial regulator steps in to help

When President Barack Obama signed legislation in 2010 to create the Consumer Financial Protection Bureau, he said the new agency had one priority: “looking out for people, not big banks, not lenders, not investment houses.” Since then, the CFPB has done its share of policing mortgage brokers, student loan companies, and banks. But as the […] The post With medical debt burdening millions, a financial regulator steps in to help appeared first on Arkansas Advocate. ....

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3 top Democratic lawmakers are calling for an investigation into a major student-loan company, accusing it of 'loan forgiveness mismanagement' for millions of borrowers

Sens. Elizabeth Warren, Chuck Schumer, and Bernie Sanders are calling for an investigation into student-loan company MOHELA over its handling of PSLF. ....

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