The Supreme Court has agreed to hear a case that could have implications regarding the constitutionality of the Consumer Financial Protection Bureau. Last week the Supreme Court agreed to hear ...
Read More »Trump Administration’s CFPB Pick Backed by District Judge
A federal judge appointed by President Trump has delivered the administration a legal victory with a decision supporting the President’s choice for head of the Consumer Financial Protection Bureau. ...
Read More »CFPB’s Laurie Maggiano Leaves Behind a Legacy of Excellence
Sad news broke this past weekend with the announcement that industry icon Laurie Maggiano had passed away unexpectedly. Maggiano was Servicing and Secondary Markets Program Manager at the ...
Read More »Court Rules for Mulvaney, But CFPB Battle May Continue
Although a Washington District Court denied Leandra English's attempt to block Mick Mulvaney as Acting Director of the CFPB, the legal battle likely is not yet over.
Read More »Mulvaney Vows CFPB Will Follow Law Without ‘Choking Off Access to Capital’
Speaking during a press conference following a chaotic and confusing morning at the CFPB, Mulvaney had harsh words about the CFPB’s past actions, but added that he was “not here to shut the place down.”
Read More »Better Banking, Happier Customers
Which banks are sending their customers home the happiest? A new study pinpoints the banks that have the fewest consumer complaints, and the results might surprise you.
Read More »Protecting Consumers’ Data: Principles Outlined by the CFPB
According to the CFPB, authorized data-sharing allows companies to provide consumers with more efficient methods of healthy financial management. However, the Bureau also requires transparency and accountability when using sensitive financial data.
Read More »CFPB vs. PHH Case Reheard by Court of Appeals
The Court of Appeals rehearing of the Consumer Financial Protection Bureau (CFPB) took place Wednesday to determine the constitutionality of CFPB’s leadership structure. Previously brought by PHH Corporation in October, the initial decision by the court determined the CFPB was, in fact, unconstitutional. Wednesday’s hearing was an “en banc” review, previously agreed upon in February.
Read More »MERSCORP To Offer LEI Registrations Later This Year
MERSCORP Holdings, Inc., announced this week it will support the Consumer Financial Protection Bureau’s updated Home Mortgage Disclosure Act requirements by facilitating legal entity identifier (LEI) registrations and renewals for users of MERS System and other industry participants.
Read More »CFPB Penalizes Three Reverse Mortgage Lenders
The Consumer Financial Protection Bureau alleged that the three companies engaged in deceptive advertising practices described in the Bureau's study on reverse mortgage advertising released last year.
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