CFPB

6 statehouse issues on bankers’ radar

02/11/20

Bankers groups are keeping close tabs on a host of legislative and gubernatorial proposals, from prize-linked savings accounts in Iowa to rent control in Massachusetts to a slew of bills modeled after California's recently passed data privacy law.

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Affordable housing cuts, CFPB funding: Takeaways from Trump budget

02/10/20

The administration proposed to end the housing trust funds now financed by Fannie Mae and Freddie Mac, and to subject numerous agencies to the congressional appropriations process, among other things.

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Affordable housing cuts, CFPB funding: Takeaways from Trump budget

02/10/20

The administration proposed to end the housing trust funds now financed by Fannie Mae and Freddie Mac, and to subject numerous agencies to the congressional appropriations process, among other things.

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CFPB’s unexpected showdown with Citizens

02/09/20

The agency's lawsuit against the Rhode Island company — the first involving a bank under Director Kathy Kraninger — has challenged assumptions about its approach to enforcement.

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M&T snags JPM exec, banking deserts, goodbye legacy cores: Top stories of the week

02/07/20

M&T hires Aarthi Murali away from JPMorgan Chase as its customer experience chief; when a small town loses its only bank; why more banks are ditching their legacy core vendors; and more from this week’s most-read stories.

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California governor to fintechs: Forget Utah. Be an ILC here.

02/07/20

Gavin Newsom's proposal to create a consumer watchdog modeled after the CFPB includes a provision that would make it easier for upstart financial firms to obtain industrial loan charters.

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House Dems to CFPB chief: Use the authority Congress gave you

02/06/20

Members of the House Financial Services Committee chastised Kathy Kraninger for not supervising student loan servicers and failing to examine firms for compliance with the Military Lending Act.

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CFPB settlement would bar lender from doing business in 17 states

02/06/20

Think Finance, which had teamed with tribal lenders to offer high interest installment loans, could no longer make or collect on loans in states that have caps on interest rates, under terms of a proposed settlement with the Consumer Financial Protection Bureau.

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Sens. Warren, Brown call on CFPB to suspend task force

02/05/20

In a letter to CFPB Director Kathy Kraninger, the Democratic senators argue that task force members cannot be trusted to protect consumers because they have represented payday lenders or Wall Street banks, or worked at law firms that do so.

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CFPB, Education Dept. sign MOU on student loan complaints

02/03/20

The two agencies said they will exchange student loan complaint data after their information-sharing efforts had been in limbo for over two years.

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