Links in “CFPB”
- The Ins and Outs of the CFPB House Hearing
There's plenty of drama in the lead up to the employment discrimination hearings in the House Financial Services Committee. [4/2]
- We’re 80% More Discontent It Seems
Not that the CFPB has been asking for them, but apparently there was an 80% increase in number of complaints received by the CFPB according to the report issued. Top three complaints categories include mortgages (37%), Â debt collection (19%), and credit reporting (15%). [4/1]
- Shell Game? Consumer Complaint Numbers
CFPB's Cordray states CFPB has received more than 31,000 complaints about debt collection, but the number of complaints posted in the database as of March 28 was 17,703. [4/1]
- Parties Clash Over CFPB Hearing
Democrats request that Wednesday's hearing on complaints of unfair employment reviews be cancelled. Republicans decline. [4/1]
- CFPB Presents Case for More Regulation and Authority Against Payday Lending
In field hearings, the CFPB rolls out a series of findings from a yearlong study of payday borrowers suggesting that more regulations and enforcement authority are needed. [3/31]
- CFPB’s 2013 No FEAR Report Issued
36-page report for FY 2013 regarding Notification and Federal Employee Antidiscrimination and Retaliation Act of 2002 (No FEAR) presents statistical analysis of complaints for 2013, but limited insights into key statistical differences in ratings of employees noted in other trade journals. Director Cordray notes that CFPB is active in working to resolve differences in employee ratings with noted efforts to identify "root causes." [3/31]
- Whistleblower? House Committee to Hold Hearing on CFPB Employee Discrimination
CFPB employee alleging gender discrimination and retaliation for filing an Equal Employment Opportunity complaint to appear before House subcommittee next week. Perhaps not the kind of whistleblower CFPB prefers. [3/28]
- Fair Debt Collection Practices Act Heading Your Way?
While the FDCPA does not apply to financial institutions collecting a debt that they own or service, recent CFPB actions suggest that may be changing. [3/27]
- Heat Gauge Rising on CFPB’s Employment Performance Appraisal Process
House Financial Services Committee sends letter to several inspectors general asking them to look into the matter of the CFPB's employee performance appraisal standards to detect whether any practices have created an unfair workplace for minorities and women. [3/27]
- Whalen: CFPB Regulations Severely Depressing Mortgage Lending
Speaking at a forum, investment banker Christopher Whalen says that new regulations are discouraging lending, causing loan portfolios to decline steadily. The housing sector is not repaired, despite rising prices, which are largely a function of a limited supply and high demand. [3/26]
