WASHINGTON—Richard Cordray, director of the Consumer Financial Protection Bureau, defended his agency’s qualified mortgage regulations against recent criticism during the Mortgage Bankers Association annual convention here Oct. 28. (See more coverage on page 3.)
WASHINGTON — CFPB director tells confab that 95% of current mortgage lending will qualify.
Bureau provides clarification on contacting delinquent borrowers and guidance on home retention efforts after a borrower dies.
The NCUA and other federal agencies said Sept. 24 that reporting suspected elder financial abuse does not generally violate privacy law.
America has fallen woefully behind in providing adequate financial education to students and families, especially when it comes to student loans. Recent progress by government agencies, financial institutions and schools themselves is making up for lost time, but many college graduates will still face significant student loan debt that could...
WASHINGTON — Students being offered less competitive financial offers on campus than what's available in open market, CFPB finds
Bipartisan Policy Center criticizes CFPB for lack of public access to meetings and hearings, including Credit Union Advisory Council meetings.
Two-hour hearing includes credit union witnesses.
NCUA joins fellow agencies in issuing guidance under Gramm-Leach-Bliley that allows financial institutions to report suspected fraud against elderly.
Bureau says online tool will offer easy access to public mortgage information.