Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage lending and the financial crisis. Berry also has covered big banks including Bank of America, J.P. Morgan Chase and Wells Fargo. She has won five awards from the Society of American Business Writers and Editors, and has worked at several news organizations including the Orange County Register, the Los Angeles Business Journal and the Associated Press. Berry began her career as a clerk at the New York Times.
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The case, PHH Corp. v. CFPB, is being watched closely because depending on the outcome, it could give President Trump the power to immediately fire Richard Cordray, the CFPB's director.
By Kate BerryMay 22 -
State regulators felt they were strung along by the mortgage servicing giant Ocwen Financial after years of promises that were never fulfilled, resulting in successive enforcement actions against the company.
By Kate BerryMay 17 -
A House Republican bill would allow lax lending standards to creep back into the financial system by gutting the CFPB, according to a letter from 158 law professors and scholars.
By Kate BerryMay 16 -
The U.S. Chamber of Commerce and Union Bank urged the Consumer Financial Protection Bureau on Wednesday to narrow its approach to collecting data on small-business lending, fearing it could add costs and compliance burdens.
By Kate BerryMay 10 -
The Consumer Financial Protection Bureau plans to launch an inquiry into small-business lending, the first step toward crafting a rule for the collection and reporting of data.
By Kate BerryMay 10 -
Fannie Mae and Freddie Mac issued proposals Monday to create pilot programs for loans on mobile homes, part of an ambitious plan for underserved and rural housing markets.
By Kate BerryMay 8 -
The landmark ruling remands the city of Miami's 2013 suit against Wells Fargo and Bank of America to the lower court.
By Kate BerryMay 1 -
The Consumer Financial Protection Bureau sued four online tribal lenders on Thursday for illegally collecting debts in 17 states where they are prohibited by state usury or licensing laws.
By Kate BerryApril 27 -
The Consumer Financial Protection Bureau ordered an auto loan servicer on Wednesday to pay $2.4 million for failing to live up to the terms of a 2015 consent order.
By Kate BerryApril 26 - Finance and investment-related court cases
Ocwen Financial asked a federal judge Wednesday to dismiss a lawsuit by the Consumer Financial Protection Bureau, saying the agency is unconstitutional.
By Kate BerryApril 26 -
The Consumer Financial Protection Bureau said Tuesday that it will hold a public hearing next week on small-business lending.
By Kate BerryApril 25 -
President Trump is locked in a political game of chicken with Richard Cordray, the director of the Consumer Financial Protection Bureau.
By Kate BerryApril 24 - Finance and investment-related court cases
A federal appeals court rejected Friday an appeal by the Consumer Financial Protection Bureau to investigate an accreditor of for-profit colleges.
By Kate BerryApril 21 -
Ocwen Financial and its subsidiaries faced a slew of accusations from federal and state regulators on Thursday, which raised questions about whether the firm could survive.
By Kate BerryApril 20 -
The Consumer Financial Protection Bureau filed a lawsuit Monday against an Ohio law firm for allegedly engaging in illegal debt collection practices by failing to determine whether millions of consumers actually owed a debt.
By Kate BerryApril 17 - Finance and investment-related court cases
The California Supreme Court ruled Thursday that a provision in an arbitration agreement is invalid if it tries to waive a consumer’s right to stop future violations of laws.
By Kate BerryApril 7 -
Republicans on the House Financial Services Committee barraged the director of the Consumer Financial Protection Bureau on Wednesday with accusations that the agency is corrupt, as they tried to lay the groundwork for President Trump to remove the director for cause.
By Kate BerryApril 5 -
The Consumer Financial Protection Bureau's unblemished track record regarding enforcement actions came to an end in 2016 as more companies began fighting back.
By Kate BerryMarch 31 -
In a speech, Consumer Financial Protection Bureau Director Richard Cordray said the agency enforces “with the principle of equal justice” so enforcement actions don’t seem random.
By Kate BerryMarch 31 -
The Consumer Financial Protection Bureau
issued a proposal that would give mortgage lenders more flexibility in collecting information on race, sex and ethnicity of home loan applicants.By Kate BerryMarch 24

















