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The nomination for Kathleen Kraninger to become the next Director of the Bureau of Consumer Financial Protection passed a key Senate hurdle. Here’s what comes next.
Read More »Kraninger Nom Advances to Senate Vote
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BCFP Streamlines Advisory Committees
The Bureau of Consumer Financial Protection announced that it has appointed new experts to its three advisory committees, creating a new, leaner set of committees.
Read More »BCFP Clarifies HMDA Rules
In order to implement and clarify the requirements of the Economic Growth, Regulatory Relief, and Consumer Protection Act, released an “interpretive and procedural rule”. Click through to learn more.
Read More »BCFP May End ‘Proactive Oversight’ of Military Lenders
In a move that is stirring up controversy, the BCFP is reportedly considering ending its routine checks for violations of the Military Lending Act. See what this decision could mean for veteran homeowners.
Read More »Brian Johnson Appointed Acting Deputy Director at BCFP
On Monday, the bureau’s Acting Director Mick Mulvaney announced the appointment of BCFP’s Principal Policy Director, Brian Johnson, as Acting Deputy Director.
Read More »Financial Services Law Firms Navigate Modern Challenges
Steven C. Lindberg, Managing Partner, Anselmo Lindberg & Associates LLC, speaks to DS News about navigating a low-default environment, staying on top of compliance, and adapting to an evolving market. Editor’s note: This story originally appeared in the June issue of DS News.
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 »CFPB vs. PHH Dismissed: RESPA Enforcement Implications
A years-long legal battle between the Bureau and PHH, centering on accusations of illegal kickbacks, recently ended with the Bureau dismissing the case. What does this case signify for RESPA enforcement going forward?
Read More »Will Kraninger Succeed Mick Mulvaney as CFPB Chief?
The White House has said that it intends to nominate OMB’s Associate Director, Kathy Kraninger to succeed Mulvaney but she’s likely to face a tough vote in the Senate. Here’s why.
Read More »CFPB vs. PHH—An Unexpected Conclusion
A years-long legal battle between the Bureau and PHH centered on accusations of illegal kickbacks. Read on to find out why the Bureau decided to drop the case, and what this means for the lender and servicer.
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