Kraninger Marks First Year as Director of the Consumer Financial Protection Bureau

Consumer Financial Protection Bureau Director Kathleen L. Kraninger marks first year.

Consumer Financial Protection Bureau Director Kathleen L. Kraninger marks first year.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/kraninger-marks-first-year-director-consumer-financial-protection-bureau/

Director Kraninger's Remarks Before the National Association of Attorneys General Capital Forum

Director Kraninger’s remarks before the National Association of Attorneys General Capital Forum.

Director Kraninger's remarks before the National Association of Attorneys General Capital Forum.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraningers-remarks-national-association-attorneys-general-capital-forum/

CFPB Announces Panels for CFPB-FTC Workshop on Accuracy in Consumer Reporting

CFPB announced the panels for its December 10, 2019 workshop, cohosted with the Federal Trade Commission (FTC), to examine issues affecting the accuracy of traditional credit reports.

CFPB announced the panels for its December 10, 2019 workshop, cohosted with the Federal Trade Commission (FTC), to examine issues affecting the accuracy of traditional credit reports.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-panels-for-cfpb-ftc-accuracy-in-consumer-reporting-workshop/

Consumer Financial Protection Bureau Issues Notice of Proposed Rulemaking on Remittance Rule

The Consumer Financial Protection Bureau (Bureau) issued a Notice of Proposed Rulemaking (NPRM) relating to the Remittance Rule (Rule).

The Consumer Financial Protection Bureau (Bureau) issued a Notice of Proposed Rulemaking (NPRM) relating to the Remittance Rule (Rule).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-notice-proposed-rulemaking-remittance-rule/

Federal Regulators Issue Joint Statement on the Use of Alternative Data in Credit Underwriting

Five Federal financial regulatory agencies issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms.

Five Federal financial regulatory agencies issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/federal-regulators-issue-joint-statement-use-alternative-data-credit-underwriting/

Consumer Financial Protection Bureau Settles with Military Travel Lender and Servicer

The Consumer Financial Protection Bureau announced settlements with Edmiston Marketing, LLC, also called Easy Military Travel, its principal, Brandon Edmiston, and USA Service Finance, LLC (USASF).

The Consumer Financial Protection Bureau announced settlements with Edmiston Marketing, LLC, also called Easy Military Travel, its principal, Brandon Edmiston, and USA Service Finance, LLC (USASF).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-settles-military-travel-lender-and-servicer/

Consumer Financial Protection Bureau Settles with Employment Background Screening Company

The Consumer Financial Protection Bureau (Bureau) filed a proposed stipulated judgment with Sterling Infosystems, Inc. to resolve allegations that Sterling violated the Fair Credit Reporting Act (FCRA).

The Consumer Financial Protection Bureau (Bureau) filed a proposed stipulated judgment with Sterling Infosystems, Inc. to resolve allegations that Sterling violated the Fair Credit Reporting Act (FCRA).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-settles-employment-background-screening-company/

CFPB Releases New Report Exploring Differences between Large and Small Mortgage Servicers

The Consumer Financial Protection Bureau (Bureau) released today a report examining the differences between large and small mortgage servicers. The report explores the role servicers of different sizes play in the mortgage market where size is defined …

The Consumer Financial Protection Bureau (Bureau) released today a report examining the differences between large and small mortgage servicers. The report explores the role servicers of different sizes play in the mortgage market where size is defined by the number of loans serviced.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-releases-new-report-exploring-differences-between-large-and-small-mortgage-servicers/

Consumer Financial Protection Bureau to Assess Integrated Mortgage Disclosure Rule

The Consumer Financial Protection Bureau (Bureau) is requesting public comment on an assessment it will conduct on the TRID integrated disclosure rule (the Truth in Lending Act and Real Estate Settlement Procedures Act). 

The Consumer Financial Protection Bureau (Bureau) is requesting public comment on an assessment it will conduct on the TRID integrated disclosure rule (the Truth in Lending Act and Real Estate Settlement Procedures Act). 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-to-assess-integrated-mortgage-disclosure-rule/