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Tag Archives: CFPB

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.

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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.

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Cordray: Servicers Still have Work to Do

Richard Cordray was not forthcoming with praise for the mortgage servicing industry during a speech on Tuesday, but instead spent most of his time highlighting work the CFPB has done to revive the mortgage industry.

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Structure of CFPB Ruled Unconstitutional

The U.S. Court of Appeals for the District of Columbia on Tuesday ordered a restructuring of how the CFPB operates within the executive branch, calling the Bureau’s structure “unconstitutional.”

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