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Inside the CFPB
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Debt Collection Law Covers Mortgage Debt in California

October 21, 2019
Yemeng Yang
California enacted an amendment clarifying that mortgages are covered under the state’s debt collection law.
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House Dems Question CFPB Enforcement Actions

October 21, 2019
Yemeng Yang
CFPB Director Kathy Kraninger was grilled by Democratic lawmakers regarding enforcement actions during hearings on Capitol Hill. Other topics such as fair lending, innovation policies and qualified-mortgage patch were also on the agenda.
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Lawmakers Differ Sharply on CFPB’s Debt Collection Rule

October 7, 2019
Yemeng Yang
A recent House hearing highlighted differences on how the CFPB should strengthen fair debt collection practices.
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Connecticut Lender Questions Licensing Law Interpretation

October 7, 2019
Yemeng Yang
A mortgage lender is taking on the state of Connecticut over its interpretation of licensing laws, which it claims put it out of business.
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New SCOTUS Petition on CFPB Constitutionality

October 7, 2019
Yemeng Yang
All American Check Cashing’s petition before the SCOTUS presents a new question: what is the remedy if the bureau’s leadership structure is found to be unconstitutional?
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CFPB Steers Middle Ground in Enforcement, New Suits

October 7, 2019
Yemeng Yang
CFPB Director Kathy Kraninger has adopted a balanced approach in public enforcement actions in recent months, according to an analysis by one law firm.
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MLO Transitional Licensing Relief Nears

October 7, 2019
Yemeng Yang
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.
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Other News in Brief

October 7, 2019
Yemeng Yang

CFPB Names Illinois Regulator Enforcement Chief

October 7, 2019
Yemeng Yang
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.
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Complaints About Credit Reports Surge

October 7, 2019
Yemeng Yang

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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