Archives For: CFPB
CFPB Plans Further Servicing Rules Updates
DS News published an article discussing the implementation of new mortgage servicing rules as part of the Consumer Financial Protection Bureau’s (CFPB) semiannual Spring 2016 rulemaking agenda.
20 May 2016
CFPB Official Previews Final Mortgage Servicing Rule
National Mortgage News published an article discussing the Consumer Financial Protection Bureau’s (CFPB) second round of mortgage servicing rules, which are expected to be finalized in July.
21 Apr 2016
GAO-16-278: Nonbank Mortgage Servicers: Existing Regulatory Oversight Could Be Strengthened
The U.S. Government Accountability Office (GAO) released GAO-16-278, a report examining recent trends in mortgage servicing and the oversight framework in which non-bank servicers operate.
11 Apr 2016
The CFPB’s Enforcement Approach is Smothering Innovation in the Mortgage Industry
HousingWire released an article discussing remarks by Consumer Financial Protection Bureau (CFPB) Director Richard Cordray at a meeting of the Consumers Bankers Association.
11 Mar 2016
CFPB Prepared Remarks of Richard Cordray
The Consumer Financial Protection Bureau (CFPB) issued a press release containing the prepared remarks of Richard Cordray at the the Credit Union National Association.
23 Feb 2016
Servicers Seek More Say in Regs that Threaten Profits
National Mortgage News published an article highlighting discussion of servicer regulation and compliance costs at the Mortgage Bankers Association (MBA) Servicing Conference in Orlando, Florida.
18 Feb 2016
CFPB Names Another Acting Deputy Director
HousingWire published an article discussing the appointment of David Silberman as acting deputy director of the Consumer Financial Protection Bureau (CFPB).
7 Jan 2016
Are Servicers Finally Off the CFPB?s Hit List?
HousingWire published an article discussing information from the latest Consumer Financial Protection Bureau’s (CFPB) supervisory report.
3 Nov 2015
CFPB Recovers $107 Million in Relief for More Than 238,000 Consumers Through Supervisory Actions
The Consumer Financial Protection Bureau (CFPB) issued a press release discussing actions outlined in its latest supervision report.
3 Nov 2015
Senators Call Federal Regulators to Action on Zombie Foreclosures
DS News released an article discussing a letter written by U.S. Senators Bob Menendez (D-NJ) and Cory Booker (D-NJ) to federal banking and housing leaders in regards to the ongoing issue of zombie foreclosures.
30 Oct 2015