Written Testimony of Kathleen L. Kraninger, Director, Consumer Financial Protection Bureau, Before the Senate Committee on Banking, Housing, and Urban Affairs

The Bureau presents Semi-Annual Reports to Congress and the American people in fulfillment of its statutory responsibility and commitment to accountability and transparency. The Bureau’s Spring 2019 (October 1, 2018, to March 31, 2019) Semi-Annual Repo…

The Bureau presents Semi-Annual Reports to Congress and the American people in fulfillment of its statutory responsibility and commitment to accountability and transparency. The Bureau’s Spring 2019 (October 1, 2018, to March 31, 2019) Semi-Annual Report meets this mandate.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/written-testimony-kathleen-l-kraninger-director-consumer-financial-protection-bureau-senate-committee-banking-housing-and-urban-affairs/

Written Testimony of Kathleen L. Kraninger, Director, Consumer Financial Protection Bureau Before the House Committee on Financial Services

The Bureau presents Semi-Annual Reports to Congress and the American people in fulfillment of its statutory responsibility and commitment to accountability and transparency. The Bureau’s Spring 2019 (October 1, 2018, to March 31, 2019) Semi-Annual Repo…

The Bureau presents Semi-Annual Reports to Congress and the American people in fulfillment of its statutory responsibility and commitment to accountability and transparency. The Bureau’s Spring 2019 (October 1, 2018, to March 31, 2019) Semi-Annual Report meets this mandate.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/written-testimony-kathleen-l-kraninger-house-committee-financial-services/

Remarks by Director Kathleen L. Kraninger before House Financial Services Committee

The semi-annual report and my written testimony provide a rundown of our activities in the first half of fiscal year 2019 and a preview of more recent initiatives.  I will take the opportunity now to highlight some of those initiatives.  

The semi-annual report and my written testimony provide a rundown of our activities in the first half of fiscal year 2019 and a preview of more recent initiatives.  I will take the opportunity now to highlight some of those initiatives.  

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/remarks-director-kathleen-kraninger-before-house-financial-services-committee/

CFPB Private Education Loan Ombudsman Issues 2019 Annual Report

The Consumer Financial Protection Bureau (Bureau) Private Education Loan Ombudsman issued today the 2019 Annual Report.

The Consumer Financial Protection Bureau (Bureau) Private Education Loan Ombudsman issued today the 2019 Annual Report.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-private-education-loan-ombudsman-issues-2019-annual-report/

CFPB Announces Taskforce on Federal Consumer Financial Law

The Consumer Financial Protection Bureau (Bureau) today announced that it will establish a taskforce to examine ways to harmonize and modernize federal consumer financial laws. 

The Consumer Financial Protection Bureau (Bureau) today announced that it will establish a taskforce to examine ways to harmonize and modernize federal consumer financial laws. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-taskforce-federal-consumer-financial-law/

Consumer Financial Protection Bureau Issues Final HMDA Rule to Provide Relief to Smaller Institutions

The Consumer Financial Protection Bureau (Bureau) today issued a rule which finalizes certain aspects of its May 2019 Notice of Proposed Rulemaking under the Home Mortgage Disclosure Act (HMDA). 

The Consumer Financial Protection Bureau (Bureau) today issued a rule which finalizes certain aspects of its May 2019 Notice of Proposed Rulemaking under the Home Mortgage Disclosure Act (HMDA). 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-issues-final-hmda-rule-provide-relief-smaller-institutions/

CFPB Announces Advisory Committee Members

Consumer Financial Protection Bureau Director Kathleen L. Kraninger today announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Cou…

Consumer Financial Protection Bureau Director Kathleen L. Kraninger today announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-advisory-committee-members/

Consumer Financial Protection Bureau and South Carolina File Suit against brokers of High-Interest Credit Offers

The Consumer Financial Protection Bureau (Bureau) and the South Carolina Department of Consumer Affairs (South Carolina) today filed a lawsuit in federal district court in the District of South Carolina against Katharine Snyder, Performance Arbitrage C…

The Consumer Financial Protection Bureau (Bureau) and the South Carolina Department of Consumer Affairs (South Carolina) today filed a lawsuit in federal district court in the District of South Carolina against Katharine Snyder, Performance Arbitrage Company, Inc., and Life Funding Options, Inc. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-south-carolina-suit-high-interest-credit-offers/

Consumer Financial Protection Bureau Files Suit Against Fair Collections & Outsourcing and Michael E. Sobota

The Consumer Financial Protection Bureau (Bureau) today filed a lawsuit in the federal district court in the District of Maryland against FCO Holding, Inc. and its subsidiaries, Fair Collections & Outsourcing, Inc., Fair Collections & Outsourci…

The Consumer Financial Protection Bureau (Bureau) today filed a lawsuit in the federal district court in the District of Maryland against FCO Holding, Inc. and its subsidiaries, Fair Collections & Outsourcing, Inc., Fair Collections & Outsourcing of New England, Inc., and FCO Worldwide, Inc. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-files-suit-against-fair-collections-outsourcing-and-michael-e-sobota/