Home / Tag Archives: Consumer Financial Protection Bureau (page 3)

Tag Archives: Consumer Financial Protection Bureau

Lawmakers React to Wells Fargo Fine

Wells Fargo will pay CFPB and OCC a billion dollars in fines for overcharging car insurance and mortgage loan consumers. Here’s what lawmakers from both sides are saying.

Read More »

House Bill Could Exclude Attorneys from FDCPA

debt

The House Financial Services Committee recently advanced a bill, H.R. 5082, that could have major implications for the default servicing industry, and most especially the law firms that work within it. The bill amends the definition of “debt collectors” under ...

Read More »

CFPB Asked to Repeal Mortgage Servicing Amendments

A group of a half dozen trade associations recently sent a letter to Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau. The letter raises objections over 2016 amendments to the CFPB’s  2013 RESPA and TILA Mortgage Servicer Rule, ...

Read More »

“No Further”: CFPB Plan Limits Bureau’s Mission

4:51 p.m. CST // On Monday afternoon, the Consumer Financial Protection Bureau officially released its strategic plan for fiscal years 2018 - 2022, confirming a shift away from enforcement that had been rumored by alleged internal memos earlier during the day. In ...

Read More »

CFPB Ruled Constitutional—What Now?

In a split decision, a Washington appeals court has reversed a previous ruling, declaring the structure of the Consumer Financial Protection Bureau to be constitutional after all. The Court of Appeals for the District of Columbia Circuit ruled Wednesday that the ...

Read More »

Supreme Court Case Could Shift Future of CFPB

The Supreme Court has agreed to hear a case that could have implications regarding the constitutionality of the Consumer Financial Protection Bureau. Last week the Supreme Court agreed to hear the case of Lucia v. Securities and Exchange Commission, which ...

Read More »

District Judge Sides With President Trump on CFPB Director

A federal judge appointed by President Trump has delivered the administration a legal victory with a decision supporting the President’s choice for head of the Consumer Financial Protection Bureau. U.S. District Judge Timothy J. Kelly refused Wednesday to block President ...

Read More »

CFPB’s Laurie Maggiano: Looking Back at an Industry Icon

Sad news broke this past weekend with the announcement that industry icon Laurie Maggiano had passed away unexpectedly. Maggiano was Servicing and Secondary Markets Program Manager at the Consumer Financial Protection Bureau (CFPB). Having served more than four years at ...

Read More »

Court Clears Path for Mulvaney at CFPB

With a Washington U.S. District Court denying Leandra English’s request for a restraining order, Mick Mulvaney cleared one obstacle along his path as Acting Director of the Consumer Financial Protection Bureau. However, legal avenues remain for English.

Read More »