CFPB Makes Complaint Data PublicMarch 28, 2013The database contains some 90,000 searchable complaints on mortgages, student loans, bank accounts and services, other consumer loans, and credit cards.
Mortgage Cases to Test U.S. Use of Once-Obscure Fraud StatuteJanuary 17, 2013Banks are testing U.S. authorities' use
of a once-obscure statute to bring more cases tied to the
financial crisis, arguing the government is twisting the law
beyond what it can do.
New CFPB Regulations Target Mortgage ServicersJanuary 17, 2013The CFPB announced new rules today regulating the mortgage servicing industry in the hopes of helping struggling borrowers.
Sheila Bair's 4 Types of Dysfunctional RegulatorsOctober 26, 2012Sheila Bair, former FDIC chair and current industry critic, thinks that regulators are partly to blame not only for the financial crisis and the banking industry's continuing lousy reputation, but she also has plenty of criticism for bankers and politician
Citigroup Settles Shareholder Lawsuit For $590 MillionAugust 29, 2012Citigroup Inc agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets, one of the largest settlements stemming from the global financial crisis.
Online Mortgage Complaint Tool LaunchedMay 10, 2012The online portal will help monitor how banks comply with the $25 billion settlement reached earlier this year with state and federal governments.
A 21st Century Agency: Q&A With CFPB's Chris WilleyMarch 13, 2012The CIO of the recently formed regulatory body discusses the role technology plays in the agency, in both internal functions and carrying out its directives.
PA Community Bank Saves Time With Automated MortgagesMarch 17, 2011Although customers aren't flooding rural Community Bank's website with online mortgage applications, loan officers' time and trees are being saved with mortgage software.
