Links in “CFPB”
- Obama Touts Dodd-Frank, CFPB in State of the Union
President Obama's State of the Union address touched on a number of issues relevant to bankers, including cybersecurity, Dodd-Frank, and the CFPB. Here's a recap. [1/21/15]
- Fed Reserve to Resurrect Community Advisory Council
The Fed, which dissolved its consumer advisory council in 2011 when Dodd-Frank shifted consumer protection to the CFPB, has announced that it is forming a new 15-member council to advise it on economic and policy issues, particularly those related to low- and moderate-income areas. [1/19/15]
- CFPB: The Consumerâs Champion
Richard Cordray spoke at Operation HOPE on Friday, focusing on the importance for consumers to educate themselves regarding financial matters and pressing the need for consumers to report any mistreatment to the CFPB. [1/19/15]
- Consumers’ Hero Becoming Institutions’ Bully?
More and more financial institutions are faced with allegations and inquiries from the CFPB of unfair practices. While a case can be made for quietly settling such allegations outside of court, some feel it may be time to push back. [1/16/15]
- CFPB to Would-be Homebuyers: Better Shop Around
More on the CFPB's findings that nearly half of consumers do not shop among multiple lenders before applying for a home loan. The bureau has launched a new site called "Owning a Home Toolkit." Also, here's Bloomberg's Businessweek take on the matter. [1/16/15]
- CFPB Stresses Shopping
Continuing the recent attention it has given to shopping for mortgages, the CFPB has created a five-step consumer guide to "navigate the market, ask the questions, and take the steps that will help" consumers in finding the best mortgage possible. [1/16/15]
- Matz to Host Cordray at Town Hall Webinar
NCUA Chair Debbie Matz will be hosting a webinar with guest Richard Cordray, CFPB director, on February 10th at 3:00 pm EST. The webinar is designed to provide credit union leaders and compliance officials the chance to pose questions directly to their regulators. [1/15/15]
- Industry Group Gives F to CFPB’s “Safe Student Account Scorecard”
CBA says the CFPB's information is based on an "antiquated study" that focuses on the wrongdoings of a single non-bank institution. [1/15/15]
- CFPB to Colleges: Do Your Homework
CFPB prods colleges to do a better job negotiating more student-friendly deals with banks that offer financial products to students. [1/15/15]
- Hensarling to CFPB: About That Renovation Project…
U.S. Representative Jeb Hensarling (R-Texas) urges the CFPB to abandon the "$215.8 million federal boondoggle" renovation project of its office building. The CFPB says it is reviewing the letter. [1/14/15]
