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The CFPB dinged two Citi subsidiaries for using excessive paperwork and deceptive practices to hinder borrowers trying to save their homes.
Read More »Citi Subsidiaries Draw Fines From CFPB
Home / Tag Archives: CFPB (page 21)
Is the CFPB Director’s Future at Risk?
House Republicans claim the CFPB violated federal law, which may put Director Richard Cordray’s job in jeopardy.
Read More »Senate Banking Committee Dems Defend Cordray
Lawmakers on both sides of the aisle are pleading their respective cases as to why they believe CFPB Director Richard Cordray should stay or go as speculation persists that he will be replaced once President-elect Donald Trump takes office.
Read More »Will Court Ruling Bring Changes to the CFPB?
The Consumer Financial Protection Bureau has appealed the D.C. Circuit Court's ruling in the PHH case that its structure is unconstitutional and that the director can be removed without cause. One stakeholder examines the possible effects the decision could have on the industry.
Read More »Updated Final CFPB Rules Increase Servicer Liability
Cast as “rule clarifications,” the CFPB's updated final mortgage servicer rules do contain a large number of new, additional requirements that are already being discussed and digested by the servicing industry. This select print feature originally appeared in the January 2017 issue of DS News.
Read More »House Dems Write in Defense of Cordray
A group of Democrats from the U.S. House of Representatives have written a letter to President-elect Donald Trump asking him not to remove CFPB Director Richard Cordray before his term is up in mid-2018.
Read More »CFPB Updates Congress on Mortgage Industry Rules
The Consumer Financial Protection Bureau recently reported on what it has done to assist the mortgage industry with the smooth implementation of three of its major initiatives: TRID, HMDA, and the August 2016 updates to its new mortgage servicing rules.
Read More »What’s on the Horizon for CFPB Mortgage Policies?
According to the latest regulatory agenda published semi-annually, the Bureau has a several upcoming initiatives that may come into fruition in the coming months and years.
Read More »CFPB Asks Appeals Court to Rehear PHH Case
The Consumer Financial Protection Bureau has filed an en banc petition with the U.S. Court of Appeals for the District of Columbia over the court’s ruling last month that the Bureau’s structure is “unconstitutional” in the PHH Corp. lawsuit.
Read More »CFPB Issues Warning Letters to 44 Mortgage Lenders and Brokers
The Consumer Financial Protection Bureau has issued a letter of warning to mortgage lenders and brokers that they may be in violation of the Home Mortgage Disclosure Act.
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