Links in “CFPB”

CFPB issues interim final rule with a request for public comment on the issuance of temporary cease-and-desist orders. This rule is to be used when agency determines an alleged violation is likely to cause serious harm to the institution prior to the completion of the case in chief. [9/30]

UDAAPs, debt collection practices, fair lending, and payday loans have been on the CFPB’s radar for some time. [9/30]

The wide latitude granted by Dodd-Frank means CFPB is flying blind in writing its rules. For example, where did the magic number of 43% debt-to-income ratio come from? [9/26]

Speaking at the American Banker Regulatory Symposium, CFPB's Cordray lays out the four D's that plague consumers and the efforts to combat those D's. They are: deceptive marketing, debt traps, dead ends, and discrimination. [9/25]

A new chart published by the CFPB is designed to help credit unions and other small mortgage lenders determine whether a mortgage they are considering meets the definition of a “qualified mortgage." [9/25]

With release of HMDA data for 2012, CFPB emphasizes that the data can "shine a spotlight on lending disparities." [9/24]

While CFPB releases a lovely visual tool, key analysis on comparative performance and other more sophisticated fair lending reviews for the nearly 7,500 financial institution HMDA reporters can begin in earnest. [9/19]

New visual HMDA tool shows mortgage volume for key product types by area. Very colorful. [9/19]

Recapping the finalized amendments and clarifications to the CFPB's mortgage rules. [9/19]

The agency seeks to use its authority granted by Congress to protect servicemembers from illegal payday loans through the Military Lending Act. [9/18]