Archives For: CFPB

CFPB Prepared Remarks of Richard Cordray

On January 13, the Consumer Financial Protection Bureau published a news release containing the prepared remarks of Richard Cordray at the Brookings Institution.

13 Jan 2015

GAO-15-81 Dodd-Frank Regulations Regulators Analytical and Coordination Efforts

On December 18, the U.S. Government Accountability Office (GAO) released GAO-15-81, a report subtitled GAO-15-81 Dodd-Frank Regulations: Regulators’ Analytical and Coordination Efforts [Reissued on December 18, 2014].

23 Dec 2014

CFPB Prepared Remarks of Richard Cordray

On November 20, the Consumer Financial Protection Bureau published a news release containing the prepared remarks of Director Richard Cordray at The Clearing House.

25 Nov 2014

CFPB Proposes Expanded Foreclosure Protections

On November 20, The Consumer Financial Protection Bureau (CFPB) published a news release announcing proposed measures that would expand foreclosure protections for mortgage borrowers.

21 Nov 2014

GAO-15-146R: Financial Audit: Bureau of Consumer Financial Protection’s Fiscal Years 2014 and 2013 Financial Statements

On November 17, the U.S. Government Accountability Office (GAO) released GAO-15-146, a report subtitled Financial Audit: Bureau of Consumer Financial Protection’s Fiscal Years 2014 and 2013 Financial Statements.

21 Nov 2014

CFPB Fines Franklin Loan for Ripping Off Customers

On November 14, National Mortage News published an article discussing the $730,000 fining of Franklin Loan Corporation by the Consumer Financial Protection Agency for allegedly incentivizing loan officers to guide customers into mortgages with higher interest rates.

17 Nov 2014

Educating Employees in a Dynamic Industry by Safeguard Properties Director of Training John Gonos

In the October Issue of DS News, Safeguard’s director of training John Gonos discusses what mortgage field services companies must do to keep employees current with changing industry regulations and guidelines.

10 Oct 2014

VA Circular 26-14-25 Servicer Compliance with CFPB Requirements

On September 5, the Department of Veterans Affairs (VA) released Circular 26-14-25, subtitled Lender and Servicer Compliance with Consumer Financial Protection Bureau Requirements for Adjustable Rate Mortgages.

10 Sep 2014

CFPB Issues Bulletin to Prevent Runarounds in Mortgage Servicing Transfers

On August 19, the Consumer Financial Protection Bureau (CFPB) issued Bulletin 2014-01 titled Compliance Bulletin and Policy Guidance: Mortgage Servicing Transfers.

19 Aug 2014

Financial Trades Oppose Making Unvetted CFPB Complaints Public

On July 18, HousingWire published an article titled Financial Trades Oppose Making Unvetted CFPB Complaints Public.

23 Jul 2014

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