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Home » Topics » News » Inside the CFPB

Inside the CFPB
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CFPB Must Prioritize Consumer Risks, Says GAO

January 14, 2019
The CFPB lacks a systematic process to prioritize consumer risks and use all of its tools to address them, the U.S. Government Accountability Office said in a recent report.
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Consumer Complaints Down in 4Q18, But Up Last Year

January 14, 2019
Consumer complaints across major categories saw double-digit declines in the fourth quarter, according to a new analysis by Inside the CFPB. [Includes one data chart.]
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Other News in Brief

January 14, 2019
CFPB Receives Funding for Second Quarter of Fiscal 2019; CFPB Issues 2018 Annual Employee Survey; Mortgage Servicing Rules Apply to Servicers Only: Court Ruling.
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In 2019, CFPB to Enforce the Law, Encourage Innovation

January 14, 2019
In a New Year’s message, Director Kathy Kraninger said the CFPB will “vigorously enforce the law” and encourage market innovation.
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CFPB Report Raises Questions about Non-QMs, DTIs, Servicing and More

January 11, 2019
Brandon Ivey and Yemeng Yang
The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…
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Lenders Not Liable for a Servicer’s RESPA Violation

January 11, 2019
Brandon Ivey
Under RESPA, servicers are generally required to consider borrowers for loss mitigation if the servicer receives a loss mitigation application at least 37 days before a scheduled foreclosure sale.
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What Michael Bright’s Resignation Might Mean for GSE Reform

January 11, 2019
Paul Muolo
The odds of GSE “recap and release” becoming a reality just went down…
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What We're Hearing: The Otting Era Commences / Waiting on the Senate (It Didn’t Work for Michael Bright) / 11 Days In and All Shook Up / HFSC Chair Worries about Furloughed Workers and Delinquencies / Keep an Eye on Jan. 15 / The Milken Institute Weighs i

January 11, 2019
Paul Muolo
We’re just 11 days into the new year and already things are getting interesting in the mortgage industry...
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Short Takes: Who Is Maren Kasper? / Not Shy / Headed to the White House? / GSE ‘Recap and Release’ Just Got Knee-Capped / IMA Offers Bulk MSR Package

January 10, 2019
Paul Muolo
With Michael Bright's departure, GSE "recap and release" just got hurt...
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FHA Tells Servicers to be Lenient Toward Furloughed Federal Workers and Contractors

January 9, 2019
Paul Muolo
The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...
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