‘The CFPB is simply not listening,’ credit union group says
Credit unions continue to press the Consumer Financial Protection Bureau for regulatory relief, arguing that existing exemptions have not gone far enough. American Banker: Feed
Tag Archives: CFPB
CFPB loses appeal in case involving for-profit colleges
A federal appeals court rejected Friday an appeal by the Consumer Financial Protection Bureau to investigate an accreditor of for-profit colleges. American Banker: Feed
Fight over CFPB prepaid rule coming to a head
The fight over a Consumer Financial Protection Bureau rule adding new restrictions to prepaid cards is intensifying as some Republicans hope to overturn it before a looming deadline expires. American Banker: Feed
Dodd and Frank themselves back CFPB in constitutionality case
Nearly 40 current and former congressional Democrats — including the namesakes of the Dodd-Frank Act — challenged the notion that Congress may not dictate the organization of federal agencies. American Banker: Feed
CFPB proposes flexibility on mortgage data collection
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. American Banker: Feed
Judge dismisses CFPB case against payment processor
A district court judge on Friday dealt a blow to the Consumer Financial Protection Bureau by saying the agency failed to present enough facts in its case against Intercept Corp. American Banker: Feed
How the CFPB constitutionality case will play out
The Consumer Financial Protection Bureau’s temporary legal victory on Thursday has lowered the odds that President Trump will seek to remove the agency’s director, Richard Cordray, despite repeated calls by prominent Republicans for his ouster. American Banker: Feed
All the Fury Over CFPB Ignores Its Modest Mission
Threats to the Consumer Financial Protection Bureau’s future became more real with Donald Trump’s victory, but all the outrage over the bureau’s policies is overblown. BankThink
CFPB Breaks Up Debt Collection Plan, Spares Banks for Now
The Consumer Financial Protection Bureau released a plan Thursday to overhaul the debt collection industry that would limit collection attempts to six per week and require confirmation of a debt before contacting consumers. The plan, however, is not yet directed at banks and credit card companies. American Banker
Title Agents Press CFPB to Change Title Fee Disclosures
A bipartisan group of lawmakers is urging the Consumer Financial Protection Bureau to change how it calculates title insurance fees as part of the new integrated mortgage disclosures. American Banker