The CFPB lacks a systematic process to prioritize consumer risks and use all of its tools to address them, the U.S. Government Accountability Office said in a recent report.
House Democrats are calling for CFPB’s new Director Kathy Kraninger to resume supervisory examinations of financial institutions for compliance with the Military Lending Act.
A dozen mortgage industry groups have asked the CFPB to update its integrated mortgage-disclosure rules in order to facilitate accurate disclosure of title insurance premiums and any potential available discounts to homeowners.
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.
Agencies issue guidance on 37 key data fields for HMDA examination; Rep. Maxine Waters formally nominated to chair the House Financial Services Committee.