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Tag Archives: CFPB

Financial Services Law Firms Navigate Modern Challenges

Counsel's Corner Steve Lindberg

Steven C. Lindberg, Managing Partner, Anselmo Lindberg & Associates LLC, speaks to DS News about navigating a low-default environment, staying on top of compliance, and adapting to an evolving market. Editor’s note: This story originally appeared in the June issue of DS News.

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Kathy Kraninger’s BCFP Nom—Industry Reactions

President Trump recently nominated Kathy Kraninger, an associate director at the Office of Management and Budget, to succeed Mick Mulvaney as Director of the Bureau of Consumer Financial Protection. With a week to let the news settle, how has the industry reacted to her nomination?

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CFPB vs. PHH—An Unexpected Conclusion

gavel

A years-long legal battle between the Bureau and PHH centered on accusations of illegal kickbacks. Read on to find out why the Bureau decided to drop the case, and what this means for the lender and servicer.

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Breaking Down Consumer Debt Collection Complaints

The Bureau of Consumer Financial Protection (formerly the Consumer Financial Protection Bureau) has released a new Complaint Snapshot, exploring consumer complaints regarding modern debt-collection practices. The Bureau has received approximately 400,500 debt collection complaints since July 2011, amounting to 27 ...

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Mulvaney: CFPB to Enforce, ‘Not Become the Law’

CFPB

Speaking at an industry conference this week, Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau, outlined the bureau’s ongoing shift away from “regulation by enforcement” and toward more regulatory clarity. During a keynote speech at the 2018 REALTORS ...

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