House Democrats are calling for CFPB’s new Director Kathy Kraninger to resume supervisory examinations of financial institutions for compliance with the Military Lending Act.
Self-employed households have been slower to recover from the financial crisis even though they make more money than salaried households, according to a new study from The Urban Institute. The study attributes the situation partly to the fact that incomes for self-employed households are still below pre-crisis levels while incomes for salaried households have largely recovered. Also, mortgage use and the homeownership rate have largely declined more for self-employed ...
A dozen mortgage industry groups have asked the CFPB to update its integrated mortgage-disclosure rules in order to facilitate accurate disclosure of title insurance premiums and any potential available discounts to homeowners.
The National Association of Federally-Insured Credit Unions has called upon CFPB Director Kathy Kraninger to exempt credit unions from the agency’s supervisory and enforcement activity.
Employee satisfaction at the CFPB has taken a big hit over the past year, according to a ranking by nonprofit organization Partnership for Public Service and Boston Consulting Group.
Agencies issue guidance on 37 key data fields for HMDA examination; Rep. Maxine Waters formally nominated to chair the House Financial Services Committee.
With financial institutions set to report mortgage disclosure data collected in 2018 to the Consumer Financial Protection Bureau, attorneys are concerned that it may lead to an increase in fair lending investigations and enforcement actions by government agencies.
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