Matthew Doffing – Page 2

CFPB launches review of the credit card market

The Consumer Financial Protection Bureau is seeking comment from consumers, industry, advocates and other stakeholders on how the credit card market is functioning for consumers.

CFPB “rate checker” will create tension between lenders and consumers

A tool contained within the CFPB online mortgage tool kit will create friction between mortgage customers and banks.

The CFPB has misled consumers

The CFPB is chomping at the bit to paint itself as consumers’ financial avenger. Unfortunately, the CFPB’s marketing department is so interested in shaping the bureau’s image that it has started to leave fact behind.

CFPB proposal aimed at reducing regulatory uncertainty for new financial products

Looking to launch a new financial product? On October 8, the Consumer Financial Protection Bureau proposed a new policy to allow banks to request a “no-action letter” or “NAL.”

CFPB announces new community bank advisory council members

The Consumer Financial Protection Bureau has selected nine community bankers to advise and consult with the bureau on a variety of consumer financial issues.

CFPB looks further into big bank overdraft products

The CFPB’s goal is not to remove overdraft protection from banks’ product menu. That was CFPB Director Richard Cordray’s message after the bureau’s released a new study on overdraft on July 31.

CFPB pulls back on plan to control consumer complaint data

Before July 14, the Consumer Financial Protection Bureau was working to get banking industry feedback on a contract to govern banks’ use of consumer complaint data.

CFPB caught between its promises and pressure from Congress on auto title loans

The CFPB is a data-driven agency. That is the message given countless times on the bureau’s website and in the speeches of Richard Cordray, the agency’s director.

Small banks have a competitive advantage under the CFPB mortgage rules

Community banks have a potential advantage over larger competitors under the Consumer Financial Protection Bureau’s ability-to-repay and Qualified Mortgage Rule, Melissa Blundell informed bankers at the Bank Holding Company Association’s Spring Seminar.

Wisconsin Congressman calls for Cordray’s resignation over race and sexism charges

Representative Sean Duffy (R-Wis.) called on President Barack Obama to forward a plan to resolve the race and gender discrimination issues at the Consumer Financial Protection Bureau.