CFPB

House lawmakers spar over CFPB debt collection rule

09/26/19

A hearing on legislative proposals exposed a sharp partisan divide over a regulatory plan to restrict the frequency of collection calls.

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5 changes lenders want from CFPB’s rewrite of QM rule

09/24/19

Industry groups are calling on the consumer bureau to eliminate the debt-to-income limit for “qualified mortgages” and provide a short-term extension of special treatment for Fannie- and Freddie-backed loans.

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How Supreme Court could decide CFPB constitutionality question

09/23/19

If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.

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CFPB investigating BofA, fintechs and fraud, Mooney to retire: Top stories of the week

09/20/19

The consumer agency is investigating Bank of America over “potentially unauthorized” accounts; why fintech rollouts are magnets for fraud; KeyCorp’s Beth Mooney to retire next year; and more from this week’s most-read stories.

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'These foolish ideas': Comments of the week

09/19/19

Readers react to plans by Democratic presidential candidates to reform college tuition, credit unions buying more banks, whether the next president could fire the CFPB head and more.

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Longtime CBA counsel had the backs of banks, the respect of regulators

09/19/19

Steven Zeisel, a lobbyist with the Consumer Bankers Association who died Sunday, was a strong voice for financial institutions navigating post-crisis regulations. He also had the ear of policymakers on the other side of the table.

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Led by Trump appointee, CFPB is back in the enforcement business

09/18/19

There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.

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N.Y. regulator voices objections to CFPB's debt collection plan

09/18/19

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

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CFPB complaint portal will remain public, with changes banks sought

09/18/19

The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.

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Fed moves to ease cash shortage; Citi looks to make connections

09/18/19

The Fed’s injects funds into the repo market for first time in more than a decade; bank trying to partner firms with cash with those with market share.

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