CFPB News & Analysis
CFPB News & Analysis
-
Many mortgage servicers are still relying on spreadsheets to manage their tasks, rather than looking to automation as a problem solver.
October 17 -
In her second day of congressional testimony, Kathy Kraninger took heat from Senate Democrats for weighing in on constitutional questions about her agency and for her enforcement track record.
October 17 -
CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.
October 16 -
A list of upcoming cases published by the high court did not include a challenge to the bureau's constitutionality, but the justices could still decide to review it at a later date.
October 15 -
CFPB Director Kathy Kraninger announced the creation of a task force to research and identify potential conflicts in consumer finance law.
October 11 -
Institutions that offer fewer than 500 open-end lines of credit will get another two-year exemption from reporting requirements under the Home Mortgage Disclosure Act.
October 10 -
The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau.
October 8 -
The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.
October 7 -
A federal judge granted in part and denied in part Ocwen Financial's motion to dismiss Florida regulators' case against the company, the last remaining of 30 state lawsuits filed in 2017.
October 2 -
By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.
October 1