January 14, 2016
Why Have a Complaint Window?
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
January 14, 2016 in CFPB | Permalink | No Comments
December 21, 2015
Monday’s Adjudication Roundup
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
December 21, 2015 in CFPB | Permalink | No Comments
December 18, 2015
Friday’s Government Reports Roundup
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
December 18, 2015 in CFPB | Permalink | No Comments
December 14, 2015
Monday’s Adjudication Roundup
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
December 14, 2015 in CFPB | Permalink | No Comments
November 30, 2015
The Semi-State of the CFPB
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
November 30, 2015 in CFPB | Permalink | No Comments
November 20, 2015
Friday’s Government Reports Roundup
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
November 20, 2015 in CFPB | Permalink | No Comments
November 9, 2015
CFPB Mortgage Highlights Fall ’15
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
November 9, 2015 in CFPB | Permalink | No Comments
