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Home » Topics » News » Inside the CFPB

Inside the CFPB
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Experts Divided on ‘Abuse’ Standards

July 1, 2019
Yemeng Yang
Industry attorneys are starkly divided on whether and how the CFPB should define the meaning of “abusive” acts and practices.
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FDCPA Statute of Limitations Should Run Longer?

July 1, 2019
Yemeng Yang
The CFPB under the leadership of Director Kathy Kraninger filed its first amicus brief, weighing in on issues related to the one-year statute of limitations under the Fair Debt Collection Practices Act.
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Maine Adds New Mortgage Servicing Requirements

July 1, 2019
Yemeng Yang
Maine has created a new requirement for mortgage servicers that goes further than the CFPB’s rules.
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Controversial CFPB Official Joins HUD, Dems Concerned

July 1, 2019
Yemeng Yang
HUD has offered a job to Eric Blankenstein, a former CFPB official who stirred controversy over his racism-tinged blog posting more than a decade ago. Democrats are concerned about the impact his appointment will have.
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Comment Period on HMDA Data Points Extended

July 1, 2019
Yemeng Yang
The CFPB extended the comment period by three months on its advanced notice of proposed rule-making regarding whether to revise additional HMDA data points added under its 2015 rule.
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Other News in Brief

July 1, 2019
Yemeng Yang

States Show Continued Interest in Fair Servicing

July 1, 2019
Yemeng Yang
Mortgage servicers said there was no decrease in state examinations of fair servicing and, in fact, states' new focus is on the disparate-impact theory.
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First Merchants Bank Settles Redlining Dispute With DOJ

June 24, 2019
Yemeng Yang
First Merchants Bank has reached a settlement with the Justice Department to resolve allegations of discriminatory lending by redlining predominantly African-American neighborhoods.
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Other News in Brief

June 17, 2019
Yemeng Yang

Fair Lending Exams Happening, but Not Enforcement

June 14, 2019
Yemeng Yang
The CFPB is still actively conducting fair lending exams, said compliance experts, but it remains a question mark whether the exams will turn to enforcement actions.
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