Advanced Search

Volume 25 - Number 23

November 10, 2014

CFPB Faces Major Management Challenges, Inspector General Says

The CFPB has a handful of significant managerial hurdles to overcome that threaten to hamper the bureau’s accomplishment of its strategic objectives, according to a new report from the agency’s Office of Inspector General. The first major challenge is improving the operational efficiency of its supervisory program for depository and non-depository institutions. The OIG started by saying the bureau has made significant progress towards developing and implementing its program in this regard. Still, more can be done. The OIG said the bureau’s management will focus on this as the agency works to “clear a considerable number of draft examination reports that have yet to be issued, improve its reporting timeliness, ensure the timely recording of data in its tracking system, ...

Subscribers to Inside the CFPB have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.

Subscriber Log In

If you are a current subscriber or already purchased this article, please login below.

Forgot your password?

Already subscribe but haven't registered for all the benefits of the website?


This biweekly keeps mortgage executives on top of the onslaught of new legal and regulatory issues the industry has been seeing.



You can purchase this article for $55.00 without subscribing and always have access to it on

Pay Per View

Please contact Customer Service if you need assistance: 1-800-570-5744


With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.


No. It’s still difficult compliance/regulatory-wise.


Maybe. It’s under consideration.


Not now. But things could change as 2018 progresses.