CFPB

Three big states account for nearly a third of complaints to CFPB

10/23/18

A detailed breakdown released by the agency shows residents in California, Florida and Texas having submitted the most complaints about a financial institution, but D.C. had the most per-capita complaints.

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CFPB's real power player; FICO's push to help loan approval

10/22/18

Brian Johnson, the agency’s second-in-command, wields much power; Fair Isaac is planning changes to credit scoring to boost approvals.

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Netspend breakdown, Warren chides Comerica, FDIC's deposit rules: Top stories of the week

10/19/18

Netspend customers kept from accessing paychecks; Sen. Elizabeth Warren rebukes Comerica over fraud in benefits program; FDIC poised to revamp deposit rules (about time, say banks); and more from this week's most-read stories.

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Warren calls for Sloan's head; bank groups pan Volcker 2.0

10/19/18

The senator wants the Fed to retain its asset cap on Wells Fargo until the CEO is fired; industry groups call on regulators to reconsider or scrap plans to modify Volcker Rule.

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'It's reminiscent of Blockbuster investing in remodeling': Comments of the week

10/19/18

Readers react to efforts to improve bank branches, weigh the Consumer Financial Protection Bureau's decision to pull back on enforcing the Military Lending Act, consider efforts to build finetch sandboxes and more.

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CFPB's Inspector General asked to probe questions over political aide's past writings

10/16/18

Questions surrounding Eric Blankenstein, a senior CFPB official whose racially charged writings from over a decade ago have led to calls for his resignation, have been referred to the agency's watchdog.

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Banks’ data collection efforts lacking; CFPB, JPMorgan offer advice

10/16/18

Banks need dedicated teams to shore up digital compliance efforts, officials at SourceMedia’s RegTech 2018 conference said.

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CFPB seeks ‘abuse’ definition; Fidelity offers bitcoin trading

10/16/18

A definition would give lenders a clearer idea of what practices are off limits; the mutual fund giant will provide the service for institutional clients.

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CFPB writing rule to define ‘abusive’ standard: Mulvaney

10/15/18

The consumer bureau’s interim chief told an industry conference that “regulation by enforcement is done.”

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FHFA launches resources for lenders serving Spanish-speaking borrowers

10/15/18

The Federal Housing Finance Agency, Fannie Mae and Freddie Mac have launched an online clearinghouse with resources to assist lenders in serving borrowers with limited English proficiency.

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