RSSCFPB expenditures rose 46 percent last year
According to a recent financial statement issued by the Federal Reserve, spending by the Consumer Financial Protection Bureau rose by nearly half, to $563 million in 2013 from $385 million in 2012.
Category Archives: News
Report strengthens CFPB debt collection focus
Consumers are being “hounded” by debt collectors, according to a report by the Consumer Financial Protection Bureau.
FOIA suit brought against CFPB over its headquarters renovation
The CFPB has attracted scrutiny from Republican congressmen and conservative watchdogs over its headquarters renovation.
Bank consultant and past FDIC chairman raise concerns about CFPB
The Consumer Financial Protection Bureau may not regulate community banks directly but it is affecting the actions of banks’ primary regulators, commented speakers at a conference last month in Milwaukee.
Credit reporting remains a priority for the CFPB
Oversight of credit reporting companies remains a priority for the Consumer Financial Protection Bureau.
CFPB targets for-profit college
The Consumer Financial Protection Bureau has filed a lawsuit against ITT Educational Services, Inc., accusing the for-profit college of predatory student lending.
Antonakes: CFPB done playing softball on mortgage servicing
The Consumer Financial Protection Bureau’s fuse has run out for mortgage servicers that are behind in implementing the agencies rules, according to CFPB Deputy Director Steve Antonakes, who spoke to the Mortgage Bankers Association in Orlando, Fla., on Feb. 19.
House Financial Services Committee Chairman questions CFPB building renovation
Last month, CFPB Director Richard Cordray came under sharp questioning at a House Financial Services Committee hearing by Chairman Jeb Hensarling (R-TX).
US Chamber of Commerce critical of CFPB
On February 12, the U.S. Chamber of Commerce sent a letter to CFPB Director Richard Cordray outlining three specific areas in which the Chamber is “seriously concerned that the bureau is not working toward clear, evenly applied, economically sound standards.”
CFPB wants lenders to disclose more mortgage data
The Consumer Financial Protection Bureau wants to expand its collection of residential mortgage data.
More articles: