Compliance

It what may be a historic first, the Consumer Financial Protection Bureau (CFPB) is not requesting any federal funds to cover its quarterly expenses
It what may be a historic first, the Consumer Financial Protection Bureau (CFPB) is not requesting any federal funds to cover its quarterly expenses.   According to a USA Today report, CFPB Acting Director informed Federal Reserve Chairwoman that his agency had $177.1 million left over at the start... Keep Reading....
The Federal Housing Finance Agency (FHFA) has quietly offered its view of a future U.S. housing policy that envisions the government-sponsored enterprises (GSEs) as shareholder-owned utilities with regulated rates of return
The Federal Housing Finance Agency (FHFA) has quietly offered its view of a future U.S. housing policy that envisions the government-sponsored enterprises (GSEs) as shareholder-owned utilities with regulated rates of return.   Bloomberg obtained the proposal, entitled “Federal Housing Finance... more
The Consumer Financial Protection Bureau (CFPB) has announced plans to issue a series of series of Requests for Information (RFIs) seeking comment on enforcement, supervision, rulemaking, market monitoring, and education activities
The Consumer Financial Protection Bureau (CFPB) has announced plans to issue a series of series of Requests for Information (RFIs) seeking comment on enforcement, supervision, rulemaking, market monitoring, and education activities.   The CFPB’s first RFI will seek public comment on Civil... more
The Consumer Financial Protection Bureau (CFPB) has announced plans to issue a series of series of Requests for Information (RFIs) seeking comment on enforcement, supervision, rulemaking, market monitoring, and education activities
Leandra English is hoping the third time is the charm in her legal pursuit to gain the title and office of acting director of the Consumer Financial Protection Bureau (CFPB).   After twice failing to get a federal court to void President Trump’s appointment of Mick Mulvaney to serve as acting... more
Yesterday’s news of a Federal Reserve rate hike was followed by today’s news of mostly stagnant mortgage rate activity
The Federal Reserve has announced $35.1 million in civil penalties against five financial services companies for “mortgage servicing deficiencies.” However, the central bank also terminated enforcement actions related to residential mortgage loan servicing and foreclosure processing issued in 2011... more