CFPB

'You don’t have to like the GSEs': Comments of the week

08/29/19

Readers react to jilted GSE legacy shareholders and a proposal making it harder to cite disparate impact, criticize Democrats asking the CFPB to stop its payday rule revamp and more.

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CFPB says Chicago debt collector made bogus threats against consumers

08/28/19

Asset Recovery Associates told borrowers that it could sue them, garnish their wages and place liens against their homes, according to a consent order by the consumer bureau.

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CFPB fines money transmitter Maxi for deceiving consumers

08/28/19

The CFPB ordered Texas money transmitter Maxi to pay a $500,000 fine for allegedly deceiving consumers by saying the company is not responsible for errors made by agents.

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Fed defends its independence; CFPB prepares to hire

08/28/19

Politics not considered, a spokesman said in response to Dudley’s call for the Fed to stop enabling trade war; the agency lifts a two-year hiring freeze.

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Consumer groups, lenders find common cause against CFPB mortgage provision

08/27/19

Though advocates and industry are rarely aligned, they are starting to coalesce around a plan that would call for the elimination of the CFPB’s 43% debt-to-income limit as part of its qualified mortgage rule.

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Sean Duffy, leading GOP voice on House banking panel, to resign

08/26/19

Wisconsin Republican Sean Duffy routinely pushed to restructure the Consumer Financial Protection Bureau and authored a bill to reform the flood insurance program.

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House Democrats ask CFPB to abandon payday rule overhaul

08/23/19

House Financial Services Committee Chairwoman Maxine Waters and over a hundred other lawmakers want the agency to go forward with a mandatory underwriting requirement for payday loans.

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How CFPB, FCC rules are reshaping debt collection

08/20/19

Regulatory efforts to protect consumers from harassment and robocalling are forcing big changes. Attorney Quyen Truong at Stroock & Stroock explains.

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CFPB names student loan servicing exec as ombudsman

08/16/19

Robert G. Cameron, a former official at the Pennsylvania Higher Education Assistance Agency, will succeed Seth Frotman as the bureau's point person on student lending complaints.

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Deutsche's tragic blind spot, USAA's diversity drive, lenders' card obsession: Top stories of the week

08/16/19

Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.

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