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Chopra remarks on how less credit reporting competition may lead to higher mortgage costs | JD Supra
JD Supra· 2 days agoOn May 20, CFPB Director, Rohit Chopra, delivered a speech at a trade association event addressing the rising costs ...
CFPB launches inquiry into junk fees in mortgage closing costs
Retail Banker International via Yahoo Finance· 8 hours agoThat is because they have to absorb the higher costs or pass them on to borrowers. “Junk fees and...
CFPB to Examine Mortgage Closing Costs, Rising Junk Fees
PYMNTS.com· 14 hours agoThe Consumer Financial Protection Bureau (CFPB) is investigating junk fees that increase the closing costs on mortgages. Closing costs have risen sharply in recent years, ...
CFPB Director Addresses Credit Report Fees Before the Mortgage Bankers Association | JD Supra
JD Supra· 3 days agoAs part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report ...
CFPB Issues Public Inquiry On Junk Fees Affecting Closing Costs
National Mortgage Professional· 15 hours agoThe Consumer Financial Protection Bureau (CFPB) launched a public inquiry, May 29, into junk fees...
CFPB Director Targets Credit Reporting Fees | JD Supra
JD Supra· 3 days agoThe CFPB is continuing its crusade against so called “junk fees,” and now is looking at crediting reporting fees. In a May 20 speech to the Mortgage Bankers Association, & ...
CFPB To Probe Home Sale Closing Costs
Investopedia· 24 hours agoBuyers are faced "dozens" of fees in a typical home closing, leading to added expenses that are hard to get around, the CFPB said. Should the CFPB's...
The Consequences of the US Supreme Court’s Decision Upholding the CFPB’s Funding Structure | JD...
JD Supra· 7 days ago...Appropriations Clause of the US Constitution.1 The Supreme Court’s decision will likely spark an intensification in the CFPB’s enforcement and rulemaking activities, as evidenced by CFPB Director Rohit Chopra’s statement after the decision that the agency will now be “firing on all cylinders” and...
CFPB Late Fee Lawsuit Moved Back to DC Court
PYMNTS.com· 2 days agoThis round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s...
CFPB Poised To Up The Ante After Supreme Court Victory | JD Supra
JD Supra· 24 hours agoCommunity Financial Services Association of America. The bureau’s comments[3] — and actions — after the decision make clear that entities subject to the CFPB’s regulatory, ...
