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CFPB Activity to Rise with Chopra Holding the Reins

October 11, 2021
Brandon Ivey
With the Senate confirming Rohit Chopra as CFPB director, industry participants are preparing for regulatory whiplash after relaxed enforcement and rulemaking during the Trump administration.
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Hopes, Dreams for Actions by CFPB Conveyed to Chopra

October 11, 2021
Brandon Ivey
Rohit Chopra’s confirmation as CFPB director prompted a surge of statements from industry stakeholders. The sentiments include requests for action and compliments.
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Senate Nears Vote to Confirm Chopra as CFPB Director

September 27, 2021
Brandon Ivey
Rohit Chopra was nominated in February to serve as the CFPB’s director. However, a final vote on his appointment has been delayed in the Senate for several months due to concerns about the leadership of the Federal Trade Commission, where Chopra is currently a member.
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Other News in Brief

September 13, 2021
Brandon Ivey
Chopra’s CFPB appointment gets closer; John Coleman joins private sector; OCC officially proposes rescinding its 2020 CRA rule; CFPB releases filing instructions for 2022 HMDA data collections.
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House Republicans Seek Answers from Uejio, Slam Chopra

July 19, 2021
Lisa Burden
Capitol Hill Republicans want CFPB Acting Director Dave Uejio to testify before Congress about the policy actions undertaken during his six-month tenure.
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Former CFPB Chief Touts Benefits of Self-Reporting

July 6, 2021
Lisa Burden
Six months after leaving the bureau, former CFPB Director Kathy Kraninger has some advice for companies: Have a process in place for identifying mistakes before the bureau and state examiners do so.
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Two Top CFPB Enforcement Officials on Their Way Out

June 10, 2021
Lisa Burden
Rohit Chopra’s nomination is in a holding pattern. Meanwhile, the CFPB is losing two high-profile enforcement attorneys and the DFPI its commissioner.
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Biden Nominates Rohit Chopra as CFPB Director

January 19, 2021
Lisa Burden
Chopra, an FTC commissioner and former student-loan watchdog at the CFPB, has been nominated to lead the agency. Should mortgage bankers worry?
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Other News in Brief

December 21, 2020
Yemeng Yang
CFPB appoints former Freddie official to head Office of Innovation; CFPB cautions against reverse mortgage scams; mortgage servicers settle with DOJ; MMC examinations.
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CFPB Boosts Executive Team Weeks Before Biden Inauguration

December 7, 2020
Yemeng Yang
The CFPB added four new hires to its executive lineup. Most are lifelong public servants and hail from other federal and state agencies.
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