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Director Rohit Chopra continues to dismiss arguments that the CFPB is unlawfully funded out of...
JD Supra· 5 days agoOn June 13, 2024, CFPB Director Rohit Chopra appeared before the House Financial Services Committee for a hearing, “The Semi-Annual Report of the Bureau ...
Opinion: The credit reporting system shouldn’t punish Americans for getting sick | CNN
CNN.com· 4 days agoEditor’s Note: Rohit Chopra is director of the Consumer Financial Protection Bureau. Millions of...
FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
PYMNTS.com· 8 hours agoLast year marked a seismic shift in financial services — as five bank failures tested the ways and...
FDIC board to get quarterly briefings on lingering merger applications
Banking Dive via Yahoo Finance· 1 day agoThe resolution, applying to deals at least 270 days old, is meant to speed processing, or, as the...
'When you get sick, the focus should be on getting better'
The Week· 4 days agoMedical billing errors are "filling Americans' credit reports with junk data that makes lenders'...
CFPB issues proposal to prohibit use of medical debt information in credit decisions | JD Supra
JD Supra· 4 days agoThe steady drumbeat of steps during Rohit Chopra’s tenure as CFPB Director to call into question the reliability and predictability of medical debt information ...
CFPB proposes $3.95M fine against Freedom Mortgage over repeated data errors
Compliance Week· 2 days agoAdditionally the company violated the Home Mortgage Disclosure Act (HMDA) and a 2019 order, the...
CFPB proposes $3.95M fine for Freedom Mortgage over false data accusations - HousingWire
HousingWire· 3 days ago“Freedom Mortgage is a repeat offender that has ignored requirements to submit accurate data that...
U.S. Senator Elizabeth Warren Hits Republican Defense of Junk Fees, Applauds Biden Administration...
Sierra Sun Times· 4 days agoSenate Committee on Banking, Housing, and Urban Affairs, U.S. Senator Elizabeth Warren (D-Mass.) questioned Director of the Consumer Financial Protection Bureau (CFPB) Rohit
The White House wants to remove medical debt from credit scores. Here’s why that’s a big deal
San Jose Mercury News· 1 day agoThe proposed rule change, announced Tuesday, would also increase privacy protections, help raise...