REFinBlog

Editor: David Reiss
Brooklyn Law School

January 14, 2016

Why Have a Complaint Window?

By David Reiss

Angela Littwin of the the University of Texas School of Law has posted Why Process Complaints? Then and Now to SSRN. The abstract reads, The creation of the Consumer Financial Protection Bureau (CFPB) established the first comprehensive federal forum for processing consumer complaints … Continue reading

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January 14, 2016 in CFPB | Permalink | No Comments

December 21, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Class action suit filed against JPMorgan for alleged illegal demand of payment from junior mortgage holders who’s senior mortgages had been foreclosed. The class claims that JPMorgan’s demands violated several California laws. PHH Corp. urges the DC Circuit to vacate … Continue reading

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December 21, 2015 in CFPB | Permalink | No Comments

December 18, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

HUD, the Department of Veterans Affairs and the Department of Labor released “Veterans Homelessness Prevention Demonstration (VHPD) Evaluation Final Report” evaluating a program designed by Silber & Associates and the Urban Institute. CFPB released report on student loan financing finding … Continue reading

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December 18, 2015 in CFPB | Permalink | No Comments

December 14, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

EB-5 fraud case will get a jury trial contrary to the request from the SEC. The court rejected the SEC’s attempt to block it claiming it came too late. Wells Fargo settles with a group of homeowners for $25.7 million … Continue reading

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December 14, 2015 in CFPB | Permalink | No Comments

November 30, 2015

The Semi-State of the CFPB

By David Reiss

The Consumer Financial Protection Bureau released its Semi-Annual Report for the period ending September 30th. I think that it is a dog-bites-man type of report as far as mortgages are concerned. A lot of the heavy lifting on mortgages has already … Continue reading

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November 30, 2015 in CFPB | Permalink | No Comments

November 20, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

According to an October 2015 Department of Labor report, 271,000 jobs were added to the US economy in the month of October and the unemployment rate decreased to 5% from 5.1% in September. The Consumer Financial Protection Bureau (CFPB) released … Continue reading

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November 20, 2015 in CFPB | Permalink | No Comments

November 9, 2015

CFPB Mortgage Highlights Fall ’15

By David Reiss

The Consumer Financial Protection Bureau released its Fall 2015 Supervisory Highlights. In the context of mortgage origination, the CFPB found that supervised entities, in general, effectively implemented and demonstrated compliance with the rule changes, there were instances of non-compliance with … Continue reading

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November 9, 2015 in CFPB | Permalink | No Comments