Codray’s CFPB hearing heats as 44 Republican Senators demand change
Politico reports President Obama’s new Consumer Financial Protection Bureau (CFPB) and its proposed director were held in partisan gridlock at Senate confirmation hearings Tuesday. Sen. Richard Shelby...
View ArticleBankers: CFPB Examiners Hinder Lending
According to Consumer Bankers Association CEO Richard Hunt, financial industry leaders and bankers are saying the Consumer Financial Protection Bureau’s (CFPB) bank examiners are inexperienced,...
View ArticleCFPB Defines Consumer Complaint Clearinghouse; Industry Complains
The Consumer Financial Protection Bureau (CFPB) has finalized its online system for allowing consumers to file complaints on its complaint portal, as americanbanker tells MHProNews. Initially, only the...
View ArticleCFPB Slammed for Publishing Unverified Complaints
With the only verification of complaints by consumers against companies that there was a transaction of some sort, the mortgage finance industry remains perplexed by the Consumer Financial Protection...
View ArticleCFPB ruled Unconstitutional, What’s Next?
In a huge story of interest for the MH industry, a federal appeals court declared that the U.S. Consumer Financial Protection Bureau’s (CFPB) structure is unconstitutional. The 110-page ruling, handed...
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