Kraninger served as the Bureau's leader since December 2018. Here’s what her departure means, and what potentially what to expect from President Biden’s CFPB director nominee, Rohit Chopra.
Read More »To BFCP or Not To BFCP: That Is the Question
While the new Director at the CFPB halted the agency’s name change, here’s where she said it would still be called Bureau of Consumer Financial Protection.
Read More »What Kraninger Brings to the Table
The Senate voted today on Kathleen Kraninger's nomination to become the next Director at the Bureau of Consumer Financial Protection. Here's how the vote went.
Read More »Regulation Vs. Added Costs
A change of name for the CFPB to the Bureau of Consumer Financial Protection is likely to cost the industry millions. Here’s why.
Read More »Will Kraninger Succeed Mick Mulvaney as CFPB Chief?
The White House has said that it intends to nominate OMB’s Associate Director, Kathy Kraninger to succeed Mulvaney but she’s likely to face a tough vote in the Senate. Here’s why.
Read More »CFPB vs. PHH—An Unexpected Conclusion
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.
Read More »500 Days in the Housing Industry
As the Trump administration celebrates 500 days in office this month, take a look at the key legislation and nominations that have impacted the industry during this time.
Read More »‘Improving Transparency and Accountability at CFPB’
In April, CFPB Acting Director Mick Mulvaney had recommended steps to improve the “transparency and accountability” at CFPB. Here’s what the Financial Services Committee discussed at a hearing on Wednesday on these reforms.
Read More »Mulvaney: CFPB to Enforce, ‘Not Become the Law’
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 ...
Read More »CFPB’s Mulvaney Puts Focus on Cost-Benefit Analysis
CFPB Acting Director Mick Mulvaney’s tenure at the head of the regulatory organization has been defined by a reexamination of the Bureau’s priorities and purpose. That trend continued this week with the issuance of a new memo written by Mulvaney ...
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