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Tag Archives: CFPB

CFPB vs. PHH—An Unexpected Conclusion

gavel

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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Breaking Down Consumer Debt Collection Complaints

The Bureau of Consumer Financial Protection (formerly the Consumer Financial Protection Bureau) has released a new Complaint Snapshot, exploring consumer complaints regarding modern debt-collection practices. The Bureau has received approximately 400,500 debt collection complaints since July 2011, amounting to 27 ...

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Mulvaney: CFPB to Enforce, ‘Not Become the Law’

CFPB

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 ...

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CFPB’s Mulvaney Puts Focus on Cost-Benefit Analysis

CFPB

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 ...

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Wolters Kluwer Releases HMDA Data

Data

The release shows lending practices in the aggregate as well as by individual institutions, allowing viewers market insights that are ahead of the federal government’s aggregate data report.

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