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Home » Authors » Lisa Burden

Articles by Lisa Burden

Ocwen Wins a Summary Judgment in CFPB Lawsuit

March 15, 2021
Lisa Burden
A Florida court granted Ocwen Financial a summary judgment concluding that the legal claims filed against the lender/servicer by the CFPB were barred by a 2014 consent decree.
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Senate Committee Split 12-12 on Chopra’s CFPB Nomination

March 15, 2021
Lisa Burden
Although Rohit Chopra is widely expected to be confirmed as CFPB chief, Republican opposition to his nomination is showing surprising strength.
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CFPB Rescinds Year-Old Policy on Abusive Acts

March 15, 2021
Lisa Burden
The Trump-era policy statement explained for the first time how the CFPB would approach “abusiveness” claims in supervision and enforcement.
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Court Rules Navient Violated Consumer Protection Law

March 15, 2021
Lisa Burden
A Washington state court found that student loan servicer Navient deceived borrowers, parents and others who put their credit on the line about how its co-signer release program works.
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CFPB’s Proposed QM Rulemaking Lacks Details

March 15, 2021
Lisa Burden
The proposed rulemaking only addresses the question of whether it would be appropriate in light of the effects of the pandemic to allow creditors to continue making QMs under the debt-to-income ratio rule.
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CFPB Issues Interpretive Rule on Bias Against Sexual Orientation

March 15, 2021
Lisa Burden
The bureau has clarified that prohibitions against discrimination found in the Equal Credit Opportunity Act and Regulation B include bias against sexual orientation and gender identity.
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CFPB Calls for Aggressive Action to Avert Foreclosures

March 15, 2021
Lisa Burden
Acting Director Dave Uejio has directed CFPB policy officials to use all available tools to keep people in their homes and prevent unnecessary foreclosures.
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NY Regulators Fine Residential Mortgage Over Data Breach

March 15, 2021
Lisa Burden
The New York-based independent mortgage lender has agreed to pay $1.5 million in penalties to settle charges that it failed to timely report a cybersecurity breach.
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Other News in Brief

March 15, 2021
Lisa Burden
The CFPB sues payment processor; new reverse mortgage guide released; annual CFPB employee survey results.
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Appeals Court Upholds Mr. Cooper/Nationstar Indemnification Claim

March 11, 2021
Lisa Burden
An appeals court ruled that Nationstar’s indemnification claim over reverse mortgages it acquired in 2015 should not have been dismissed.
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