The final Home Mortgage Disclosure Act rule increases the permanent threshold for collecting and reporting data, effective July 1, 2020.
Read More »CFPB, FHFA Partner on Borrower Assistance Program
Dr. Mark A. Calabria said of the announcement, “No one should be worried about losing their home.”
Read More »Federal Agencies Issue Statement on Loan Modifications
Federal financial institution regulatory agencies are encouraging financial institutions to work constructively with borrowers affected by COVID-19 and providing additional information regarding loan modifications.
Read More »Richard Corday On CFPB’s Relief Response
In a new white paper, the former CFPB Director outlined the steps he alleges the CFPB needs to be taking right now in the face of an economic crisis caused by the coronavirus.
Read More »CFPB Issues Support for Financial Institutions
The Bureau is postponing some data collections from industry on Bureau-related rules to allow companies to focus on responding to consumers in need and making changes to its supervisory activities to account for operational challenges at regulated entities.
Read More »Richard Cordray on Protecting the CFPB
In an article, the inaugural CFPB Director defended the Bureau’s position, defending the law protecting the Director from being fired by the President without cause
Read More »CFPB Proposes Whistleblower Award Program
According to the Bureau, an incentive created for employees to report wrongdoing to the Bureau will assist in advancing enforcement cases, especially as it relates to fair lending violations
Read More »Elizabeth Warren Ends Bid for the White House
The Senator of Massachusetts played a vital role in the structure of the Consumer Financial Protection Bureau and proposed plans to streamline bankruptcy laws.
Read More »Supreme Court Hears Opening Arguments in CFPB Case
The attorney for Siela Law said that the structure of the Bureau was “unprecedented and unconstitutional.” Click through to see more.
Read More »CFPB Supreme Court Case Looming
With the opening arguments set to take place Tuesday, what is at stake for the Bureau and how did it get here?
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