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Home » Newsletters » Inside the CFPB

Inside the CFPB

March 2, 2020

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CFPB Constitutionality Case Gets its Day in Court

The U.S. Supreme Court this week will hear oral arguments on whether the leadership structure of the CFPB is constitutional. Read More

DOJ Urges SCOTUS to Preserve the CFPB

Though it believes the CFPB’s leadership structure is unconstitutional, the Department of Justice in a new reply brief urged the Supreme Court to preserve the bureau for its “critical work.” Read More

Mortgage Servicing Violations After Disasters Red Flagged

The CFPB’s latest supervisory highlight report red flags mortgage servicing violations, where firms failed to provide loss-mitigation notices in time after natural disasters. Read More

CFPB Proposes Disclosure of Time-Barred Debt

Debt collectors must let borrowers know they will not be sued for a debt that is too old, according to a new proposal from the CFPB. Read More

Dem Presidential Contenders Promise to Strengthen CFPB

It is widely expected that if a Democrat wins the presidential election, the new administration will once again strengthen the CFPB. Read More

CFPB’s Second in Command Johnson Joins Private Sector

Brian Johnson, deputy director at the CFPB, has left the agency for a position at law firm Alston & Bird. His departure brings the tally of political appointees leaving the bureau to four. Read More

Small-Business Lending Rulemaking Gets a Kickstart

A court settlement has forced the CFPB to outline proposed rulemaking on data collection requirements in the small-business lending space no later than September. Read More

CFPB Issues New TRID Guidance on Lender Credits

The CFPB published new frequently asked questions on the disclosure and treatment of lender credits under the TILA-RESPA Integrated Disclosure rule. Read More

Other News in Brief

CRA proposal comment period extended; enforcement against brokers charging high interest rates; CFPB advisory committee meetings; New York mortgage-related complaints; new servicing requirements. Read More

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