Director Cordray says FIs may face bureau action if they do not report accurate account information to credit reporting companies.
PHH Corp. calls Director Cordray's authority into question for overriding a judge's decision.
Experts say the CFPB director’s note downplaying TRID liability is not enough to ease compliance concerns.
The bureau seeks input on whether its HMDA Resubmission Guidelines make sense in light of new Reg C reporting requirements.
The CFPB Director rejects claims the cost of consumer protection drives some financial services providers out of business.
WASHINGTON – Reps. Neugebauer and Sinema support replacing Cordray with an independent board of directors.
The agency's potential pursuit of credit unions for UDAAP violations is a legitimate concern.
Amendment would push the effective date to Oct. 1; CFPB cites an administrative error as a motive.
Only three circumstances will require additional review time for borrowers, Cordray says.
The CFPB accuses PayPal of illegal practices involving its PayPal Credit product.