“Customers are more promptly and efficiently served when they contact their financial institution directly with a concern,” said the American Bankers Association…

But AEI researchers weren’t the only ones throwing bombs…

With the stock sale pending, Redwood disclosed preliminary details about its earnings for the second quarter…

After two years of work, the FHFA throws the idea out the window...

In terms of consumer ire, Wells Fargo was the complaint market leader…

Among Fannie’s top five executives, all earn more money per year than Mayopoulos...

Consultant Joe Garrett: Remember that they’re your employees, not your family or friends...

During a heated hearing last week on Capitol Hill, the nominee to become the next CFPB director, Kathy Kraninger, identified some of her broad priorities for the consumer agency if she gets the job. Kraninger appeared to embrace the industry-friendly approach for the bureau that has been set by her boss at the Office of Management and Budget, Mick Mulvaney, who is also the acting director at the CFPB. Sen. Sherrod Brown, D-OH, said Kraninger showed a philosophy ...

Kathy Kraninger, President Trump’s pick to run the CFPB, faced tough questioning from Democrats in the Senate Committee on Banking, Housing, and Urban Affairs during a confirmation hearing last week. Democrats said Kraninger is not qualified for the top position in the powerful consumer agency. They hammered on her involvement with the Trump administration’s immigration policy that separates children from their parents and the response to ...

The CFPB will reduce the size of its three advisory groups to just six members each and cut annual operating costs by more than half, according to new advisory board charters obtained by Inside the CFPB from sources on Capitol Hill. The charters were signed by Acting Director Mick Mulvaney on June 5, a day before the CFPB announced it would fire all the serving members of the three panels, reconstituting them as “smaller” groups. Before Mulvaney took his ...