Compliance

The director of the Consumer Financial Protection Bureau (CFPB) has admitted that the housing market has yet to fully recover from the 2008 recession, although he considered his agency as the key factor in all of the success the industry has experienced i

The battle over whether Richard Cordray should remain as director of the Consumer Financial Protection Bureau (CFPB) or whether he should be fired by the new Trump Administration has intensified, with Cordray’s supporters and detractors taking bold new steps to solidify their respective positions

More Recent Articles

The U.S. Department of Justice (DOJ) has filed a consent order resolve allegations of redlining against two Ohio-based financial institutions, Union Savings Bank and Guardian Savings Bank.

The ranking Democrat on the House Financial Services Committee has stated her refusal to meet with President-Elect Donald Trump, adding that she will work aggressively to obstruct his policy agenda.

The Director of the Consumer Financial Protection Bureau (CFPB) has no plans to resign once Donald Trump becomes president.

The outgoing Secretary of Housing and Urban Development (HUD) has taken to Twitter for a deeply personal against President-Elect Donald Trump.

Regulatory mandates are increasing and it doesn’t appear that the climate will change soon. This is both good and bad news. The good news is that many regulations exist to protect the borrower, and others to protect the broader United States financial system. Also, a rapid move to standards in policy, process and data will create significant efficiencies in the market over time.

The United States Department of Justice (DOJ) has filed a civil complaint in the Eastern District of New York agains

Question: Thank you for these weekly FAQs! My staff and I find them very informative. I am with the compliance department of a bank. We offer a full range of loan and savings products. We are preparing for a regulatory examination that will include UDAAP compliance. I was hoping you could let us know some review areas that we should include in our risk assessment.

National civil rights groups are applauding the work of the Consumer Financial Protection Bureau (CFPB) and are standing behind Richard Cordray as the Bureau’s Director.

Pages