Compliance

The Consumer Financial Protection Bureau (CFPB) has issued a statement claiming that some mortgage servicers were in violation of federal laws “by failing to provide struggling borrowers with legal protections.”
The Consumer Financial Protection Bureau (CFPB) has issued a statement claiming that some mortgage servicers were in violation of federal laws “by failing to provide struggling borrowers with legal protections.”   In the Spring 2017 edition of the agency’s “Supervisory Highlights” report, the CFPB... Keep Reading....
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
After weeks of silence on the question of the future of the Consumer Financial Protection Bureau (CFPB)
After weeks of silence on the question of the future of the Consumer Financial Protection Bureau (CFPB), the Trump Administration has come out in favor of the concept of the agency but opposed to its set-up of a single director who does not answer to the Executive Branch.   According to a Bloomberg... more
Federal Reserve Bank of Minneapolis President and CEO Neel Kashkari defended his status as the lone member of the central bank’s Federal Open Market Committee (FOMC) to vote against an interest rate hike in a 13-page essay
Federal Reserve Bank of Minneapolis President and CEO Neel Kashkari defended his status as the lone member of the central bank’s Federal Open Market Committee (FOMC) to vote against an interest rate hike in a 13-page essay that challenged the Fed’s policymaking process.   According to a Bloomberg... more