Tag: CFPB
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LIVE Updates: 2017 NAWRB Conference – Know Your Rights and Resources
With limited resources, it is crucial for small business owners to know their rights and resources, to be able to identify a streamlined course of action when an issue arises. Sharon Asar, Deputy Ombudsman, CFPB Ombudsman’s Office and Philip D. Lovas, Regional Advocate – SBA Region IX, Office of Advocacy, U.S. Small Business Administration (SBA)…
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The Next 3 Priorities of the CFPB
At the Mortgage Bankers Association (MBA) Annual Convention & Expo today, Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), addressed attendees by discussing the bureau’s initiatives in helping the housing ecosystem’s recovery and protecting the consumers whose purchasing activity makes this revival possible.
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House Democrats Urge CFPB to Create Small Business Loan Reporting Rule
Led by Rep. Donald Payne Jr. (D-NJ) and Rep. Chris Van Hollen (D-MD), 82 House Democrats wrote a letter urging CFPB Director Richard Cordray to restructure the collection of small business lending data in order to help lending institutions better understand the financial needs of these businesses. The letter comes less than two months after…
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CFPB Officials Say Agency Fails to Protect its Employees
Multiple Consumer Financial Protection Bureau (CFPB) employees are scheduled to testify before the House Financial Services Committee this morning on the matter of discrimination and retaliation against CFPB employees.
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Deadline Approaches for CFPB Director’s Response to TRID Delay Request
The deadline for CFPB Director Richard Cordray to respond to a letter proposing a delay in the implementation of the new TILA-RESPA rule is rapidly approaching. The deadline—Friday, April 17—will be closely followed by the mortgage industry in particular.