The Consumer Financial Protection Bureau is prepping a massive overhaul to its exam procedures designed to make it faster and free up enforcement personnel to pursue their own investigations outside of exams.

The agency revealed one major switch last week by saying it would no longer send enforcement attorneys to regular on-site exams beginning Nov. 1, much to the relief of bankers who have been complaining that their presence made the process unnecessarily hostile. But the biggest changes are still to come as the agency revamps its supervision, enforcement and fair lending division, according to Steven Antonakes, the CFPB's No. 2.

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