Links in “CFPB”
- CFPB Takes a Look in the Mirror
CFPB's Office of Minority and Women Inclusion issues its second annual report to Congress, including a look at the bureau's own internal practices, which have recently come under fire. [4/9]
- CFPB’s General Counsel Before Congress Promotes Bureau’s Efforts
CFPB's Legal Counsel before House Committee on Financial Services promotes Bureau's efforts at increasing consumer awareness through transparency, reducing regulatory burden for market efficiency, leveling the playing field for financial services and preventing discriminatory practices. [4/9]
- CFPB’s Cordray Remarks for Greenlining Hits the 4 D’s
CFPB's Richard Cordray's remarks at the Greenlining Institute's Economic Summit promotes Bureau's efforts for diversity and ongoing efforts to conquer the "four Ds": deceptive marketing, debt traps, dead end markets, and discrimination. [4/7]
- CFPB’s Culture of “Retaliation and Intimidation”
A CFPB enforcement attorney testifies before a House Financial Services Committee subcommittee that she experienced gender discrimination and retaliation for filing an Equal Employment Opportunity complaint. [4/4]
- CFPB Chief Speaks to ABA
Prepared remarks at the American Bar Association focused on efforts of CFPB in establishing regulations including efforts to increase public participation in the establishing of regulations, use of complaints to guide regulation creation, and continued efforts to work with financial industry to implement these regulations. [4/4]
- CFPB Gets a “Needs to Improve”
Inspector general of the Federal Reserve says the CFPB needs to improve the efficiency of its supervision of banks, failing to meet its own timeline for completing examination reports. [4/3]
- Debt Collection Complaints Outpacing Mortgage Complaints
CFPB official says that while 2013 say more complaints about mortgages than debt collection, debt collection complaints have now eclipsed mortgages for the top spot at a pace of about 5,000 complaints per month. [4/3]
- CFPB Issues Integrated TILA-RESPA Compliance Guide
New 89-page guide provides timing, steps to compliance, new form guidance on Loan Estimate Form and Closing Disclosure Form, Q&As on key sections of both forms, required and prohibited practices, and Escrow disclosure. [4/2]
- A Look at the CFPB’s New Integrated Disclosure Rule
The CFPB has created a unified mortgage disclosure rule combining the Good Faith Estimate and the initial TILA disclosure to create a new form, the Loan Estimate. It has issued an accompanying guide. [4/2]
- 89-Page Compliance Guide Beats 2,000-Page Final Rule
The CFPB's new Small Entity Compliance Guide for the TILA/RESPA integrated disclosures rule clocks in at 89-pages, which seems long, but is substantially more manageable than the nearly 2,000-page final rule. Here's some info on the guide. [4/2]
