Compliance

The Federal Housing Finance Agency (FHFA) updated its plans to implement its Single Security and the Common Securitization Platform (CSP) by announcing the Release 2 phase of the process
The Federal Housing Finance Agency (FHFA) updated its plans to implement its Single Security and the Common Securitization Platform (CSP) by announcing the Release 2 phase of the process will take place during the second quarter of 2019.   Under the FHFA plan, Release 2 will allow Fannie Mae and... Keep Reading....
The Consumer Financial Protection Bureau (CFPB) charged the credit reporting agency Experian and its subsidiaries for “deceiving consumers”
The Consumer Financial Protection Bureau (CFPB) charged the credit reporting agency Experian and its subsidiaries for “deceiving consumers” on how to use its credit scores and fined the company $3 million.   The CFPB stated that Experian engaged in deception between 2012 and 2014 by claiming that... more
We are redrafting on consumer complaint policy and we’re getting stuck on how to handle the early stages of complaint resolution
Question: We are redrafting on consumer complaint policy and we’re getting stuck on how to handle the early stages of complaint resolution. Can you provide some practical guidance with respect to starting the complaint resolution process?    Answer The Board of Directors or Senior Management should... more
The editorial board of the New York Times accused President Trump of using an ongoing court case regarding the constitutionality of the leadership structure of the Consumer Financial Protection Bureau (CFPB)
The editorial board of the New York Times accused President Trump of using an ongoing court case regarding the constitutionality of the leadership structure of the Consumer Financial Protection Bureau (CFPB) as a springboard for what it dubbed a “bigger power play” to expand the Executive Branch’s... more
The ranking member of the House Financial Services Committee is aggressively pushing her Capitol Hill colleagues to impeach President Trump based on accusations of collusion
The ranking member of the House Financial Services Committee is aggressively pushing her Capitol Hill colleagues to impeach President Trump based on accusations of collusion between his 2016 election campaign and the Russian government.   Rep. Maxine Waters (D-CA) took to Twitter this morning with... more