Skip to main content

New CFPB RFI Seeks Input on Supervision Processes

Phil Hall
Feb 15, 2018

The Consumer Financial Protection Bureau (CFPB) has issued a new Request for Information (RFI), this team seeking input on the agency’s supervision processes.
The new RFI is the fourth in a series created by Acting Director Mick Mulvaney designed to encourage feedback and conversation on how the CFPB is working to protect consumers. In this RFI, the CFPB is seeking comments and information from interested parties to assist in assessing the overall efficiency and effectiveness of its supervision program and whether any changes to the program would be appropriate.
A fifth RFI, on the CFPB’s external engagement processes, will be issued next week. Other RFIs being planned will focus on topics including complaint reporting, rulemaking and guidance and implementation support. Comments on the latest RFI will accepted starting next week, after the RFI is printed in the Federal Register.
Feb 15, 2018
CFPB Names 4 To Key Senior Positions

The appointees include two who helped create the bureau and two who served on the CFPB staff during the Obama administration.

Regulation and Compliance
Oct 14, 2021
FHFA Raises Enterprises' Multifamily Loan Purchase Caps

The Federal Housing Finance Agency (FHFA) said the 2022 multifamily loan purchase caps will be $78 billion for each Enterprise, for a combined total of $156 billion to support the multifamily market.

Regulation and Compliance
Oct 13, 2021
CFPB Hits AAG With Complaint For Deceptive Marketing Of Reverse Mortgages

The Consumer Financial Protection Bureau filed a complaint and proposed consent order, which alleges that American Advisors Group (AAG) used inflated and deceptive home estimates to attract reverse mortgage consumers.

Regulation and Compliance
Oct 12, 2021
Waterstone Mortgage Names VP Of Compliance

Waterstone Mortgage Corporation named Kris Barros as the company's vice president of compliance.

Oct 08, 2021
Battling The ‘Giant Purple Snorklewacker’

The confirmation of Rohit Chopra as CFPB director has the mortgage industry anxious, but former MBA CEO David Stevens offers some advice: follow the rules.

Regulation and Compliance
Oct 08, 2021
The Compliance Contradiction

Staunch compliance stances often lead to contradictory actions.

Regulation and Compliance
Oct 06, 2021