Tag Archives: CFPB

The CFPB published its proposed updates to TRID on Monday, opening the 64-day comment period on the controversial mortgage disclosure rule.

The Consumer Financial Protection Bureau (CFPB) is scheduled to host the Industry & Servicer Training Update at the Five Star Conference & Expo on September 12, 2016 and will be the first time that the Bureau will give an in-depth, in-person training since the promulgation of the new servicing rules on Thursday.

CFPB has proposed a set of consumer protection principles to guide mortgage servicers, investors, government housing agencies, and policymakers as they develop new foreclosure relief solutions.

On the fifth birthday of The Consumer Financial Protection Bureau, a reflection on the work they have accomplished as well as controversy surrounding the Bureau is important as the CFPB progresses forward into a new year.

While Republicans in Congress are trying to replace Dodd-Frank with a proposal of their own, a poll showed more voters favored greater financial accountability and tougher regulation.

The CFPB found that while mortgage lenders generally are in compliance with federal consumer financial laws, many entities continue to have deficiencies in their compliance management systems.

An increasing chorus of Democrats want their party's presumptive presidential nominee, Hillary Clinton, to consider the CFPB's Director as her running mate.

According to the CFPB, some mortgage servicers have violated the Bureau's new servicing rules by continuing to use failed technology that has harmed consumers.

While the survey found that most respondents agreed that enthusiasm is high for the CFPB’s mission and that their supervisors respect and value individuals’ differences, more than a quarter of survey respondents had unfavorable views.

The latest in a long line of calls to overhaul the Consumer Finance Protection Bureau comes from Congressman Roger Williams (R-Texas).