Payday lending

Payday loans, CFPB data collection and Warren face-off: Mulvaney's 2nd day on Hill

04/12/18

Acting CFPB Director Mick Mulvaney took heat from Democrats on whether he planned to take the agency's consumer complaint portal private while responding to Republican fears that its data collection activities pose a data security risk.

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5 issues that could make sparks fly in Mulvaney testimony

04/10/18

Questions about the CFPB’s structure, high-profile enforcement actions and the acting director’s rift with Elizabeth Warren could dominate two days of hearings on Capitol Hill.

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CFPB plans big Wells fine; New CEO, same problems for Deutsche

04/10/18

A $1 billion penalty being bandied about; Deutsche’s problems may be too big to eradicate.

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Two trade groups sue CFPB over payday rule

04/09/18

The lawsuit, filed in the U.S. District Court for the Western District of Texas, alleges that the CFPB rule is "arbitrary, capricious, and unsupported by substantial evidence."

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5 items on OCC chief's reg relief to-do list

04/09/18

Comptroller of the Currency Joseph Otting laid out an ambitious regulatory reform agenda Monday, telling a group of community bankers that he is committed to CRA upgrades, new flexibility in BSA compliance and other measures.

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Mulvaney thwarts Warren inquiry, citing CFPB structure

04/05/18

The agency’s acting director uses a reply letter to the senator not to answer her questions but to underscore that Congress lacks the ability to compel answers to such questions.

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It ‘would stab a knife’ into CFPB: Critics react to Mulvaney proposal

04/02/18

The latest salvo by the acting director of the Consumer Financial Protection Bureau — proposing in the agency's semi-annual report that all CFPB rules be subject to congressional approval — left many observers stumped if not outraged.

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CFPB's Mulvaney looks to rein in ‘tyranny’ of agency he runs

04/02/18

Acting Consumer Financial Protection Bureau Director Mick Mulvaney proposed dramatic curbs to his agency's power in a report Monday, including a recommendation that all CFPB rules must be approved by Congress.

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'Stolen' funds returned, MUFG's ambitions and a 30-minute mortgage: Top stories of the week

03/29/18

A BankThink argues that Treasury's GSE cash infusions are just the return of stolen money; MUFG wants its Union Bank to be one of the nation's 10 largest; fintech promises a 30-minute mortgage; and more.

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SunTrust's CIO, CRE bridge lending and Amazon's long shadow: Top stories of the week

03/23/18

SunTrust's new IT chief preaches collaboration; will CRE securitizations return to haunt?; Amazon here, there and everywhere; and more.

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