CFPB Update: March 21, 2012

The Consumer Financial Protection Bureau

CFPB Update: March 21, 2012

CFPB Proposes a Rule to Protect Privileged Information

The Consumer Financial Protection Bureau announced a proposed rule that would codify protections for privileged information submitted to the Bureau by regulated entities.
Read more...

CFPB Handling Consumer Complaints on Private Student Loans

We are now accepting complaints from borrowers having difficulties with their private student loans.
Learn more...
Submit a student loan complaint...

CFPB's Petraeus Outlines Help Available for Military Homeowners

Holly Petraeus, Assistant Director for Servicemember Affairs, provided information on assistance available for military homeowners as part of the recent settlement between the federal government, 49 state attorneys general, and five of the largest mortgage loan servicers.
Learn more...

CFPB Now Sharing Complaints with FTC Consumer Sentinel

The Bureau has begun sharing complaints with Consumer Sentinel, an online database of consumer complaints maintained by the Federal Trade Commission that helps law enforcement track and respond to consumer complaints.
Details here...

CFPB Begins Accepting Complaints on Auto and Installment Loans

We recently launched the first phase of a new system to help consumers who have problems with certain auto loans and other types of installment loans. 
Learn more...
Submit an auto or installment complaint...

Last Chance to Make Nominations to CFPB's Consumer Advisory Board

Through March 30th, the CFPB is accepting nominations for people with backgrounds in consumer protection, financial services, fair lending, civil rights, consumer financial products and services, or community development to serve on our Consumer Advisory Board. For details on the nomination process: 
Read our blog post...
See the Federal Register notice... (PDF)

Director's Recent Speeches

March 6th: Director Cordray addressed the National Association of Attorneys General.
March 14th: Cordray spoke to the Independent Community Bankers of America at their national convention in Nashville.
March 16th: Cordray addressed the Society of Business Editors and Writers in Indianapolis.

CFPB on the Road

Skip Humphrey, the CFPB's Assistant Director for the Office for Older Americans, wrote about his recent trip to Chicago, where he learned about the state's efforts to protect seniors from financial abuse and shared information about the CFPB's efforts in that area.
Learn more about these efforts...

In case you missed it

The New York Times

Reuters

USA Today

Help for student borrowers 
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New consumer agency reassures banks on disclosure 
More...
Holly Petraeus makes her own mark on the military 
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