Cart

Inside the CFPB

November 4, 2019

View Archived Issues

CFPB Constitutionality Case Halts Enforcement Proceedings

Lower courts have started to put on hold CFPB enforcement litigation, pending a final decision by the Supreme Court on whether the bureau’s single-director leadership structure is constitutional. Read More

Disparate Impact, a Missing Piece in Fair Lending?

The CFPB nowadays is less active in addressing fair lending concerns via enforcement actions, particularly in cases relating to disparate impact. The bureau did not initiate or complete a single fair lending enforcement action from October 2018 to March 2019. Read More

CFPB Invites Public Comment on Disclosure Testing

The bureau is seeking reapproval for its modified disclosure testing plan to allow industry stakeholders an opportunity to comment. The move indicates that the test results can influence CFPB’s rulemaking. Read More

Lawmakers Debate LGBTQ and HMDA Data Collection

Rep. Patrick McHenry of North Carolina questioned whether the collection requirements under HMDA contribute to lending discrimination towards the LGBTQ community. Read More

Study Shows Impact of CFPB High-Cost Mortgage Rule

A recent study found that a substantial portion of lenders reduced interest rates to avoid being subject to the CFPB regulation regarding high-cost mortgages. Read More

NYDFS Investigates Foreclosure Fraud

New York’s governor recently directed the New York State Department of Financial Services to investigate instances of alleged mortgage deed fraud in Brooklyn. Read More

New QM Rule Should Level the Playing Field: FHFA

The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to provide assistance toward the development of new qualified mortgage standards. Read More

Senators Urge CFPB to Investigate Student Loan Servicer

Nearly two dozen Democratic senators urged the CFPB to immediately open an enforcement investigation into a servicer’s management of a student loan forgiveness program. Read More

Other News in Brief

The CFPB will hold a symposium Wednesday to discuss data collection on small business lending; Supreme Court sets briefing schedule in Seila Law v. CFPB.

Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results