CFPB News & Analysis
CFPB News & Analysis
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The Treasury plan includes a slew of items that don’t require Congress to act, and appear feasible in the short term. Here's a guide to what changes could be made.
June 13 -
The Treasury Department published its first report on regulatory reform, offering some familiar industry asks alongside some surprising positions.
June 12 -
Mounting compliance risks and an evolving landscape for how consumers shop for homes and mortgages have some lenders re-examining whether they still need co-marketing arrangements with real estate brokerages.
June 12 -
Ahead of the House vote Thursday on the Financial Choice Act, the two parties were assailing each other as proxies for Wall Street and painting themselves as defenders of community banking and the consumer.
June 9 -
The Consumer Financial Protection Bureau said banks and other first-party creditors are responsible for the accuracy of information on consumer debts.
June 8 -
Clearing the bill through the House has value, giving baseline legislative language that the Senate might select in a more modest legislative package.
June 8 -
Senators on both sides of the aisle paid lip service Thursday to giving relief to community banks and credit unions, but didn't appear closer to specifics of what would be in a bill.
June 8 -
Fay Servicing will pay $1.15 million in borrower restitution and possible disgorgement to settle CFPB allegations that it engaged in so-called foreclosure dual tracking and failed to keep borrowers informed about loss mitigation efforts.
June 7 -
Litigation is soaking up a significant share of resources at the Consumer Financial Protection Bureau, which faces at least a dozen cases challenging its constitutionality and a surging number of legal disputes to its enforcement actions.
June 7 -
HSBC has fulfilled its obligation under the National Mortgage Settlement and will no longer be monitored for compliance.
June 7