Home / Tag Archives: Consumer Financial Protection Bureau (CFPB)

Tag Archives: Consumer Financial Protection Bureau (CFPB)

Feds Aim to Return Financial Data Rights to Consumers

A new document outlines a list of proposals and alternatives under consideration for the Consumer Finance Protection Bureau’s data rights rulemaking—strengthening consumers’ access and rights to their financial data—through updates to the Dodd-Frank Act.

Read More »

Safe and Sound

Jerry McCoy of LoanCare examines three keys to enabling sound servicing decisions using data-driven technology.

Read More »

Next Steps for Default Servicing

As fears of a recession grow, it would be prudent for everyone—servicers and regulators alike—to think hard about default servicing improvements and reforms.

Read More »

CFPB Accused of Exceeding Statutory Authority

A group of seven banks and trade groups are taking legal action in the Eastern District of Texas, challenging the Bureau’s update to the Unfair, Deceptive, or Abusive Acts or Practices Section of its exam manual, and for potentially violating the Administrative Procedure Act.

Read More »

Zeroing in on Servicer Convenience Fees

The CFPB and state regulatory bodies are closely scrutinizing all mortgage-related fees, from the start of a loan to the ongoing servicing of the loan, to ensure compliance with the Fair Debt Collection Practices Act.

Read More »

Unexplored Territory

The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.

Read More »