The vote passed along party lines with a 50-48 vote, clearing the way for Chopra to serve as Director of the Bureau.
Read More »CFPB Examines Consumer Complaint Data Among Races
According to an analysis of Census data, consumer complaint submission patterns were found to vary by demographic characteristics.
Read More »An Era of Forbearance Demands a Culture of Compliance
Are mortgage servicers prepared for the return of strict compliance guidelines as the CFPB addresses servicers directly and lets them know “Unprepared is unacceptable (Sponsored Content).”
Read More »Announcing Five Star’s Laurie Maggiano Executive of the Year Finalists
During the 2021 Five Star Conference, the annual Women in Housing Leadership awards will once again honor some of the industry’s most accomplished female executives. Today, we introduce you to the finalists for the Laurie Maggiano Executive of the Year Award.
Read More »CFPB: Servicers Must Double Their Efforts to Protect At-Risk Borrowers
Beginning today, the CFPB’s new rule to increase protections over homeowners takes effect, as servicers step up their efforts to assist borrowers in jeopardy of foreclosure.
Read More »A Congressional Call to Strengthen Foreclosure Protections
Rep. Maxine Waters reaches out to federal agencies to increase mortgage servicing protections.
Read More »The Week Ahead: Regulating the Regulators
Does the U.S. financial system suffer from overregulation? A Senate Banking Committee will closely examine the nation’s regulatory structure and exactly who is governing who.
Read More »CFPB Issues Warning to Landlords and Consumer Reporting Agencies
In a new bulletin, the Bureau furthers its ongoing commitment to a fair and equitable recovery for renters as pandemic-related protections come to an end.
Read More »FHFA Increases Post-Foreclosure and REO Eviction Moratoria Protections
Following rules implemented by the CFPB, the FHFA has taken action to further shelter homeowners from foreclosure and eviction actions by mandating increased consumer protections.
Read More »Rate of Forbearance Exits Slows
An improvement in overall economic conditions is allowing more homeowners to regain their pre-pandemic financial footing, with the share of loans in forbearance sliding for the 17th consecutive week.
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