News – Page 62 – CFPB Journal

CFPB steps toward mortgage-regulation relief for small banks

In the last two weeks, small banks have seen some accommodation from the Consumer Financial Protection Bureau on mortgage loans.

CFPB officials write rules, push small banks out of mortgages and take market share

Speaking of picking winners and losers in the private sector, sometimes government officials get to choose someone familiar to be the winner: themselves.

CFPB expands its complaint data base

On May 31, the Consumer Financial Protection Bureau added another wave of complaint data to its complaint database, expanding the number of publicly reported complaints to 113,000.

CFPB encourages in-school branches

In its white paper on financial education released in April, the Consumer Financial Protection Bureau pointed to in-school branches as a way to build students’ financial literacy through hands-on learning.