Links in “CFPB”

Some industry veterans see the CFPB's new lending rules will hurt low-income borrowers the most. [1/21]

Credit rating service Fitch warns that CFPB's heightened scrutiny of potentially discriminatory practices in auto lending will increase costs for auto lenders in 2014. [1/21]

The bureau is looking for members for its Consumer Advisory Board, Credit Union Advisory Council, and its Community Bank Advisory Council. Positions are open to anyone with the requisite financial services expertise, but CFPB states that it has a special interest in ensuring that women, minority groups and individuals with disabilities are adequately represented. [1/16]

Report to Congress shows near 40% growth rate in personnel with strong emphasis on diversity and expanding capacity. [1/15]

California federal district court dismisses challenge that the CFPB was unconstitutional because it violates separation of powers, specifically only giving the President authority to remove the CFPB director for cause and the vesting of the CFPB's leadership in a single director. [1/15]

CFPB's leadership met with private student loan lenders last week to encourage them to do more to expand refinancing opportunities for troubled student loan borrowers. [1/14]

House Financial Services Committee will hold hearing on how prospective and current homeowners may be harmed by the CFPB's Qualified Mortgage Rule. [1/14]

CFPB gives two more weeks (2/28/2014) for commentary from interested persons. Extension also includes promotion of website for interactive commentary on new developments (www.regulationroom.org). [1/14]

These industry observers see four areas to pay attention to in 2014: preparing for the impact of CFPB rules, cooperating as the key to compliance, extending controls from back office to front office, and adding a new compliance topic: taxes. [1/13]

Report that political operatives at DoJ, FDIC and CFPB set out to choke access of payday lender to the nation's financial system. [1/13]