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Inside the CFPB
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Credit Union Trade Group Seeks Relief from CFPB Oversight

December 21, 2018
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.
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‘Suppressed’ CFPB Report on Student Loans Shows Fee Gaps

December 21, 2018
A “suppressed” CFPB report showing that the nation’s largest banks were ripping off students by charging high fees has now come to light.
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Employee Satisfaction at CFPB Plunges, Leadership to Blame

December 21, 2018
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.
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DOJ Argues CFPB Unconstitutional, Waiting for Kraninger’s Comment

December 21, 2018
The U.S. Department of Justice in December filed a brief with the U.S. Supreme Court arguing that the CFPB’s leadership structure is unconstitutional.
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Other News in Brief

December 21, 2018
Agencies issue guidance on 37 key data fields for HMDA examination; Rep. Maxine Waters formally nominated to chair the House Financial Services Committee.
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Fair Lending Scrutiny Likely to Intensify with Expanded HMDA Data Reporting

December 20, 2018
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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Kraninger Kicks the BCFP Name to the Curb, Though Not Entirely

December 20, 2018
Yemeng Yang
Kathy Kraninger: “In other words, we have a legal name but will be using our colloquial name and the branded acronym ‘CFPB.’”
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Short Takes: loanDepot CEO: Nothing but Blue Skies for Loan Officers / It’s Not Cancelled Until It’s Cancelled / An Op-Ed Counterweight / A Pile of Coal for Stocks / Second LP Analogies / Don’t Look at the Dow / A New CEO for PRMI

December 20, 2018
Paul Muolo
Hindes’ piece is entitled “Fannie and Freddie didn’t get a bailout. It was a stick-up.”
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Adverse Ruling in Closely Watched Case Could Increase Servicer Liability

December 19, 2018
George Brooks
The Tenth Circuit found the FDCPA’s plain language to be controlling…
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FHA Drops Warranty Requirements for New Single-Family Construction

December 19, 2018
George Brooks
FHA says positive trends in the housing sector have weakened the need for the multi-year warranty.
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