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Home » Topics » News » Inside the CFPB

Inside the CFPB
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Kraninger Promises to Assess TRID Rule

January 28, 2019
CFPB Director Kathy Kraninger assured Republican senators that the CFPB will examine industry concerns regarding the integrated mortgage disclosure rule.
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Five New Faces Join CFPB’s Top Team; D’Angelo Quits

January 28, 2019
Chris D’Angelo, associate director of the supervision and enforcement division at the CFPB, is departing. In February, he will join the New York attorney general’s office as chief deputy attorney general for economic justice.
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Kraninger Wants Clear Authority on Military Loans

January 28, 2019
The CFPB is seeking a legislative fix to give it clear authority to supervise institutions to ensure compliance with the Military Lending Act.
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Servicemembers Complaints Center on Servicing Issues

January 28, 2019
Most mortgage-related complaints from servicemembers are related to servicing payments, according to an annual report by the CFPB’s Office of Servicemember Affairs.
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Mortgage Complaints Fell by Double Digits in 2018

January 28, 2019
Mortgage-related consumer complaints filed with the CFPB dropped 21.5 percent last year to a mere 23,991 — the lowest number since the agency opened its door, according to a new analysis by Inside the CFPB. [Includes two data charts.]
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CFPB Likely to Scrap ATR Portion of the Payday Rule

January 28, 2019
The critical ability-to-repay provision related to the 2017 payday lending rule is likely to be scrapped by the CFPB, industry attorneys observed.
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Waters to Target Mulvaney, Probe Credit Reporting

January 28, 2019
The House Financial Services Committee will target White House acting Chief of Staff Mick Mulvaney over his previous role as the interim head of the CFPB, said Maxine Waters, chairwoman of the HFSC, one of the most powerful House committees.
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Short Takes: Mr. Cooper Cuts Jobs in California / Blackstone’s Finance of America Unit Will Close Roseville Office / loanDepot Courting Wells Fargo LOs? / Freshman Socialist Will Sit on the HFSC / A New Hire for Nations Lending

January 16, 2019
Paul Muolo
Socialist Rep. Alexandria Ocasio-Cortez, D-NY, will sit on the House Financial Services Committee, which oversees banking, mortgages, as well as Fannie Mae and Freddie Mac.
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Ginnie Mae Postpones Annual Summit, Citing Government Shutdown

January 16, 2019
Paul Muolo
Scheduled speakers included Housing and Urban Development Secretary Ben Carson, Kasper and Edward DeMarco, former acting Director of the Federal Housing Finance Agency.
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Short Takes: Worrying About What Mark Calabria Might Do / Ever Seated? / A Price War Brewing in Non-QM? / Tim Anderson’s Blockchain Job / Freddie Gets a New General Counsel

January 15, 2019
Paul Muolo and Dennis Hollier
We understand a bit of a price war may be brewing in the non-QM market...
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