Mick Mulvaney Wants to Hide Consumer Complaints from Public View. Acting CFPB Director Mick Mulvaney said last week that he wants to shut down public access to the CFPB’s consumer complaint database. “I don’t see anything in here that says I have to have a Yelp run by the federal government,” he said at an American Bankers Association event. Consumer Groups Say the Wells Fargo $1 Billion Fine a Flawed Settlement. The CFPB recently has fined [Includes two briefs] ...

After losing an appeal against the Federal Housing Finance Agency last year, Nomura Securities has asked the Supreme Court of the United States to hear its case and help overturn an $800 million penalty it owes the FHFA in a settlement. And the Structured Industry Finance Markets Association is helping in that effort. Nomura hopes the high court can determine whether the Housing and Economic Recovery Act’s extension of the statute of limitations applies to statutes of repose. The firm argues that too much time had passed for the FHFA to bring charges.

The performance and returns offered by credit card ABS differ significantly by the type of firm issuing the deal, according to a recent analysis by Moody’s Investors Service.

In July 2017, the CFPB proposed an amendment to resolve the black hole issue and began taking comments.

Mel Watt has roughly eight more months in office, but already industry lobbyists and GSE watchers are playing “guess who the next FHFA director might be.”

Warning sign: In February, the percentage of FHA borrowers with DTI ratios above 50 percent rose to 24.6 percent, up from 19.8 percent a year ago.

“It appears that the larger the investment, the larger the resentment,” Stratmor said.

Sen. Brown said he wants a new CFPB director, one with a moral compass…

In February of last year, Altisource disclosed in an SEC filing that the CFPB was looking into the vendor’s relationship with Ocwen...

Wells Fargo, the nation’s largest mortgage lender, last week agreed to pay $1 billion to settle claims that it overcharged consumers on mortgage rate-lock commitments and force placed collateral-protection insurance on auto loan customers.