CFPB

Lawmakers won't let Wells forget account scandal

06/21/17

For Democrats, the scandal is a prominent symbol of big-bank misbehavior, while Republicans want to use it to show the shortcomings of the CFPB.

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Why more real estate firms are now offering mortgages

06/21/17

Traditional partnerships with lenders have been eroded by compliance strains and new incentives to control more of the homebuying transaction.

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Why Cordray needs to go; a rift in bitcoin land

06/21/17

The Wall Street Journal enumerates the reasons why President Trump needs to fire the CFPB director; the bitcoin market is sharply divided over whether it’s a currency or a store of value.

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Alternative credit data still a hard sell for small banks

06/19/17

The CFPB and others believe alternative data could provide more credit to the unbanked. Small banks and credit unions, however, have lingering concerns about breaking from traditional underwriting.

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Warren calls for removal of most of Wells' board

06/19/17

Sen. Elizabeth Warren, D-Mass., asked Federal Reserve Chair Janet Yellen on Monday to remove 12 Wells Fargo board members because of the fake-accounts scandal.

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Trump nominates FDIC chairman; Cordray fights back

06/19/17

James Clinger is currently general counsel to the House finance panel; CFPB director refutes House panel claims he didn’t do his job in Wells Fargo investigation.

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What's next for CFPB's debt collection plan

06/16/17

The CFPB's decision to drop a requirement that third parties verify a debt's accuracy before collecting on it is likely to speed the agency's efforts to write rules for all parts of the debt collection market.

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Cordray fights back against House Republican contempt threat

06/16/17

CFPB Director Richard Cordray took issue with a House Republican report that said he lied about his agency's role in investigating the Wells Fargo phony-accounts scandal.

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CFPB tweaks final prepaid rule, seeks comment on second delay

06/15/17

The Consumer Financial Protection Bureau proposed further changes Thursday to its final rule on prepaid cards and is seeking public comment on whether to delay implementing it a second time.

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Which Treasury reg reform priorities could become real?

06/13/17

The Treasury plan includes a slew of items that don’t require Congress to act, and appear feasible in the short term. Here's a guide to what changes could be made.

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