As Halloween approaches—right in the middle of wildfire and hurricane season—servicers are bracing for more tricks than treats. In most cases, however, there’s a better way to prepare.
Read More »Kraninger Resigns as CFPB Director
Kraninger served as the Bureau's leader since December 2018. Here’s what her departure means, and what potentially what to expect from President Biden’s CFPB director nominee, Rohit Chopra.
Read More »CFPB Announces Additions to Executive Team
The CFPB announced nearly a half-dozen new leadership additions, including a new Deputy Chief of Staff and more. Click through to learn the details.
Read More »Kraninger: “The Bureau Is Stronger at This Time”
CFPB Director, Kathy Kraninger answered some tough questions from ranking members and Chairwoman Maxine Waters at the House Committee Hearing on the Bureau’s Semi-Annual Report. Here’s what she had to say.
Read More »Unlocking Loss Mitigation
If and when the current economic boom takes a downward turn, servicers will need to rely on three critical elements to help support their loss mitigation efforts: data, technology, and people. Editor’s note: This feature originally appeared in the February issue of DS News, out now.
Read More »Kathy Kraninger’s BCFP Nom—Industry Reactions
President Trump recently nominated Kathy Kraninger, an associate director at the Office of Management and Budget, to succeed Mick Mulvaney as Director of the Bureau of Consumer Financial Protection. With a week to let the news settle, how has the industry reacted to her nomination?
Read More »Mulvaney: CFPB to Enforce, ‘Not Become the Law’
Speaking at an industry conference this week, Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau, outlined the bureau’s ongoing shift away from “regulation by enforcement” and toward more regulatory clarity. During a keynote speech at the 2018 REALTORS ...
Read More »CFPB’s Mulvaney Puts Focus on Cost-Benefit Analysis
CFPB Acting Director Mick Mulvaney’s tenure at the head of the regulatory organization has been defined by a reexamination of the Bureau’s priorities and purpose. That trend continued this week with the issuance of a new memo written by Mulvaney ...
Read More »Ex-CFPB Director Cordray Wins Ohio Democratic Governor Primary
Richard Cordray, formerly the Director of the Consumer Financial Protection Bureau (CFPB), Tuesday night clinched the Democratic nomination for the governorship of Ohio. Campaigning on both his history at the CFPB and a promise to focus on economic matters affecting ...
Read More »Mulvaney: “The CFPB Never Existed”
Speaking at a recent industry event, Acting Consumer Financial Protection Bureau Director Mick Mulvaney told an assembled crowd of bankers that numerous changes were in store for the bureau. Among those changes: the bureau will no longer post consumer complaints ...
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