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Tag Archives: CFPB

Treasury Disputes Arbitration Rule’s Costs, Benefits

The U.S. Treasury released an 18-page analysis Monday disputing the CFPB’s arbitration rule, claiming the Bureau failed to evaluate if the arbitration clauses would protect consumer and public interest, which the report cites are the Bureau’s “two statutory mandates.”

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CFPB Updates Mortgage Servicing Rules

On Wednesday, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule and a proposed rule in an effort to amending mortgage-servicing communication policies issued in 2016. The interim final rule gives servicers a longer, 10-day window to provide ...

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U.S. Chamber of Commerce and Lobbying Groups File Suit against CFPB

The Consumer Financial Protection Bureau’s (CFPB) arbitration rule is coming under fire yet again. filed a complaint with a Dallas Federal Court against the CFPB Friday on the hotly-debated arbitration clause that was recently passed. The suit has been spearheaded by the U.S. Chamber of Commerce.

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CFPB: Final Ruling on Home Mortgage Disclosure Act

The Consumer Financial Protection Bureau (CFPB) has issued a final ruling on its amendment to Regulation B of the Home Mortgage Disclosure Act, with the intention to assist with compliance with Regulation C. According to the CFPB’s report, the amendment ...

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Cordray Skirts the Question

With the Director of the Consumer Financial Protection Bureau, Richard Cordray’s, term coming to an end next year, there has been a lot of discussion on whether or not the Ohio native will make a run for the governorship, despite remaining silent on the matter.

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Leading the Charge

With a storied history in civil rights, Stuart Ishimaru, Head of CFPB's Office of Minority and Women Inclusion, has spent his career fighting for equal opportunity—in the workplace, in the military, and throughout the country. Now, he’s taking the fight to the financial sector, leading the banking and lending industries down the path of diversity.

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Keeping up with the CFPB

The Legal League 100 held an industry webinar Thursday afternoon to discuss changes in CFPB’s servicing rules. Three expert panelists joined the discussion to help ensure understanding and compliance.

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