The CFPB recently joined other federal regulators who have indicated a growing interest in marketplace lending with its announcement that it is accepting consumer complaints about loans obtained through marketplace lenders.  The U.S. Department of the Treasury had previously demonstrated its interest in marketplace lending by issuing a request for information (RFI) in July 2015.… Continue Reading

Director Cordray is scheduled to be a panelist at the Financial Inclusion Forum to be held in Washington, D.C. on December 1, 2015.  Hosted by the U.S. Department of the Treasury and the U.S. Agency for International Development, the forum is intended to “explore ways to foster greater access to safe and affordable financial services for everyone.” … Continue Reading