While about two-thirds of its workers responded to an employee survey, those who did rated a bit more than half of the items on the study favorably, according to results released Friday by the federal […]
Updates to the small-entity compliance guide on the ability-to-repay/qualified mortgage (QM) rule were issued Tuesday by the federal agency for consumer financial protection. The updated guide from the Consumer Financial Protection Bureau (CFPB) reflects amendments […]
Whether to revoke or revise the “seasoned” qualified mortgage (QM) final rule issued in December is a question being mulled at the Consumer Financial Protection Bureau (CFPB), according to a statement issued Tuesday. The bureau, […]
A firm alleged to have engaged in a predatory scam that traps immigrants held in detention by Immigration and Customs Enforcement (ICE) into paying expensive, long-term fees is being sued jointly by the Consumer Financial […]
Final rules published by three financial industry regulators on the role of supervisory guidance are slated to take effect March 5 and March 15, according to Federal Register notices published recently. The proposed rule, to […]
Stating that the division of consumer education should “redouble its efforts to ensure the Bureau engages all consumers who are economically suffering,” the acting director of the Consumer Financial Protection Bureau (CFPB) Wednesday issued a […]
This is the due date for applications to participate in the Consumer Financial Protection Bureau’s (CFPB) Home Mortgage Disclosure Act (HMDA) virtual tech sprint, scheduled March 22-26. This tech sprint presents opportunities to improve the data […]
An effort to recruit attorneys “at all experience levels” to the federal consumer financial protection agency was announced Tuesday by its acting director in an effort, he said, to achieve “vigorous oversight of all applicable […]
The acting director of the consumer financial protection agency directed staff to end the agency’s “pause” implemented around the start of the COVID-19 pandemic on quarterly Home Mortgage Disclosure Act (HMDA) reporting, CARD Act data […]
Perhaps unsurprisingly, the nominee to lead the federal consumer financial protection agency has won glowing praise from the incoming leader of the Senate Banking Committee following a video call between the two. That praise included […]
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