Last month, the Consumer Financial Protection Bureau traded briefs in federal court with Integrity Advance regarding Integrity’s motion to dismiss a CFPB enforcement action alleging violations of the Unfair, Deceptive or Abusive Acts and Practices clause of the Real Estate Settlement Procedures Act.
A court date of April 12 has been set for the next stage in a legal challenge to the Consumer Financial Protection Bureau’s enforcement power.
An independent audit of the Consumer Financial Protection Bureau shows it needs to update information privacy policies and procedures to better protect consumers.
On Dec. 23, the CFPB closed the application period for an assistant director, small business lending markets, a job paying up to $275,000 for identifying opportunities to “enhance fairness, transparency and functioning” of small business lending markets.
The bureau has been working to acquire various data related to loans, bank accounts, debt repayment and other transactions in an effort to learn more about trends and issues that affect Americans.