CFPB Director Kathy Kraninger has adopted a balanced approach in public enforcement actions in recent months, according to an analysis by one law firm.
The CFPB recently published guidance to address the upcoming change in transitional licenses for mortgage loan originators who move between states or from banks to nonbanks.
Bryan Schneider, who previously led the Illinois Department of Financial and Professional Regulation, has been named associate director of the supervision, enforcement and fair lending division at CFPB.
Consumer complaints filed with the CFPB so far this year have increased due to a surge in gripes about credit reports, according to an analysis by Inside the CFPB.
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