CFPB to mortgage industry: Get out of MSAs | 2015-07-30 | HousingWire

    The Consumer Financial Protection Bureau wants to mortgage lenders to stop using marketing services agreements, and it’s using the stick rather than the rules process to do so. Two major players in the mortgage space announced this morning that they are discontinuing marketing activities that depend on MSAs because of regulatory uncertainty, recent interpretations…

Prepared Remarks of CFPB Director Richard Cordray at the Field Hearing on Student Loans

    FOR IMMEDIATE RELEASE: May 14, 2015 CONTACT: Office of Communications Tel: (202) 435-7170 Prepared Remarks of Richard Cordray  Director of the Consumer Financial Protection Bureau Field Hearing on Student Loans Milwaukee, Wisconsin  May 14, 2015 Thank you all for joining us today in Milwaukee.  Plato once said, “The direction in which education starts a man…

CFPB Launches Public Inquiry Into Student Loan Servicing Practices

    FOR IMMEDIATE RELEASE: May 14, 2015 CONTACT: Office of Communications Tel: (202) 435-7170 CONSUMER FINANCIAL PROTECTION BUREAU LAUNCHES PUBLIC INQUIRY INTO STUDENT LOAN SERVICING PRACTICES Bureau Seeks Information On Industry Practices That Can Create Student Debt Stress   WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is launching a public inquiry into…