CFPB

Justice Department turns against CFPB in constitutionality case

03/17/17

The Justice Department told a federal appeals court on Friday that President Trump should have the authority to fire the head of the Consumer Financial Protection Bureau.

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CFPB fines Nationstar $1.75M for HMDA violations

03/15/17

Nationstar Mortgage agreed on Wednesday to pay $1.75 million to the Consumer Financial Protection Bureau for failing to accurately report home mortgage data that is used to identify discrimination.

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Bankers renew push to give Qualified Mortgage status to portfolio loans

03/13/17

Banks are stepping up their efforts to win a key exception to the Consumer Financial Protection Bureau's "Qualified Mortgage" rule.

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CFPB delays implementation of final prepaid rule, citing complaints

03/09/17

The Consumer Financial Protection Bureau said Thursday that it will delay the effective date of its final rule on prepaid cards by six months because industry participants need more time to comply.

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Trump discussed Cordray's future in community bank meeting

03/09/17

In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.

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Banks, consumer groups agree: screen scraping needs better regs

03/08/17

Banks and consumer rights groups appear to have found unusual common ground in the debate over screen scraping, asking the CFPB to weigh in on the application of certain regulations to fintech companies that aggregate financial data on customers' behalf.

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Weakening CFPB will strengthen ID protection providers

03/08/17

Fearing regulatory fines, banks have retreated from selling identity protection in recent years. Institutions will get back in the market if the Consumer Financial Protection Bureau is weakened.

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Democrats highlight arbitration agreements ahead of CFPB fight

03/07/17

Democratic Senators are gearing up for a showdown with Republicans over a Consumer Financial Protection Bureau rule governing arbitration agreements in financial contracts.

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Justice Department turns against CFPB in constitutional court case

03/06/17

The Justice Department plans to defend President Trump's executive authority by siding with PHH Corp. in the mortgage lender's controversial case alleging the Consumer Financial Protection Bureau is unconstitutional.

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GOP switches tactics in 'war' against CFPB

03/03/17

Republicans have opened multiple fronts against the agency, undertaking separate efforts to cut its funding, roll back past and future rules, and make far broader changes.

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