Archives For: Industry Updates
CFPB: Testimony of Kathleen L. Kraninger
The Consumer Financial Protection Bureau (CFPB) published the written testimony of Kathleen L. Kraninger before the House Committee on Financial Services. The testimony outlines the bureau’s Fall 2019 Semi-Annual Report to Congress.
6 Feb 2020
Hartford Land Bank Announces Executive Director
The Hartford Courant published an article highlighting the appointment of Laura Settlemyer as executive director of the Hartford (Conn.) Land Bank.
5 Feb 2020
Washington City Considers Joining the County’s Land Bank
The Observer Reporter issued an article outlining the possibility of the City of Washington, Pa., to join the Washington County Land Bank.
5 Feb 2020
CFPB: Executive Team Addition Announcement
The Consumer Financial Protection Bureau (CFPB) announced several additions to its executive team.
30 Jan 2020
CFPB: Policy Regarding Prohibition on Abusive Acts or Practices
The Consumer Financial Protection Bureau (CFPB) issued a policy statement providing a common-sense framework on how it intends to apply the “abusiveness” standard in supervision and enforcement matters.
24 Jan 2020
California Reportedly Launching Its Own CFPB
HousingWire published an article detailing a reported impending proposal by California Governor Governor Gavin Newsom for the state to create its own version of the Consumer Financial Protection Bureau.
9 Jan 2020
CFPB: Taskforce on Federal Consumer Financial Law Members Announced
The Consumer Financial Protection Bureau (CFPB) announced four members who will serve on its Taskforce on Federal Consumer Financial Law.
9 Jan 2020
New York Foreclosure Protection Law Signed by Governor
New York Governor Andrew Cuomo signed A.5619/S.5160 (An Act to amend the real property actions and proceedings law, in relation to the failure to raise the defense of lack of standing in a mortgage foreclosure action). The legislation amends Article 13 of the Real Property Actions and Proceedings Law to protect foreclosure court defendants by allowing more leeway to raise the defense of “standing”.
23 Dec 2019
NY Governor Signs “Zombie Property Remediation Act”
New York Governor Andrew Cuomo signed SB 5079A (Zombie Property Remediation Act). The legislation aims to permit municipalities to compel a mortgagee to either complete a mortgage foreclosure proceeding or to issue a certificate of discharge of the mortgage for any property which has been certified abandoned pursuant to article 13 of the real property actions and proceedings law.
18 Dec 2019
CFPB: Kraninger Marks First Year as Director of the Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) issued a news release highlighting the one year anniversary of Director Kathleen L. Kraninger leading the bureau.
10 Dec 2019