The High Court said the Bureau can continue to operate under new rules, but it’s director “must be removable by the President.”
Read More »Consumers’ Sentiments Toward Mortgages
The CFPB reported on how borrowers feel about COVID-19-related forbearance plans. Click through to read more.
Read More »CFPB Addresses Impending GSE Patch Expiration
The Bureau issued two Notices of Proposed Rulemaking, proposing an amendment to the General QM definition to replace the DTI limit with a price-based approach, and an extension of the Patch until the first amendment takes effect.
Read More »Government Agencies Come Together to Help Homeowners
The Department of Housing and Urban Development, the Consumer Financial Protection Bureau, and the Federal Housing Finance Agency launched a new website for mortgage and housing assistance. Click through for more information.
Read More »Former CFPB Director Talks Bureau’s Actions During Pandemic
What does Richard Cordray say are some of the issues facing mortgage servicers during COVID-19?
Read More »CFPB Updates HMDA Rules
According to the Bureau, the final rule will reduce regulatory burden on smaller institutions to help those institutions to focus on responding to consumers in need now and in the longer term.
Read More »Borrower Assistance Program Announced
The joint initiative by the Federal Housing Finance Agency and the Consumer Financial Protection Bureau allows the agency to share servicing information to protect homeowners during COVID-19.
Read More »Examining the CFPB’s COVID-19 Response
In a new white paper, the former Director of the Consumer Financial Protection Bureau outlined his proposal for preventing economic hardships.
Read More »CFPB Seeking Financial Law Whistleblowers
The Bureau has announced that it will be engaging with Congress to advance proposed legislation that would authorize the Bureau to award anyone who report violations of Federal consumer financial law.
Read More »Elizabeth Warren Drops Out of Presidential Race
Just 24 hours after Michael Bloomberg ended his bid for the White House, the Senator's quest for the presidency has come to an end. Click through to revisit her contributions to the CFPB and financial laws.
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