CFPB Monitor
JANUARY 7, 2015
Mishkin According to the Wall Street Journal , the CFPB is making two changes in leadership. Mr. Alexis served as an Assistant United States Attorney in the District of Columbia for 13 years. He will replace Kent Markus, who will become a senior advisor to Steven Antonakes, the CFPB’s Deputy Director.
CFPB Monitor
SEPTEMBER 19, 2018
District Court, District of Columbia, No. District Court, alleges violations of the 1866 Civil Rights Act, Title VII of the 1964 Civil Rights Act and the 1963 Equal Pay Act. The case is captioned at, Jones et al v. Mulvaney, U.S. The Complaint, filed on September 13, 2018, in the D.C.
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FICO
DECEMBER 12, 2017
The election of a new administration along with leadership changes at the Federal Communications Commission (FCC) provided new hope for a broad group of industry and nonprofit organizations who have long been advocating for changes to the Telephone Consumer Protection Act (TCPA).
CFPB Monitor
OCTOBER 3, 2022
Presumably, the current leadership of the CFPB would favor the reduction of the closed-end loan reporting threshold to the 25 originated loans in each of the prior two years level set by the October 2015 rule. The CFPB has not issued a public statement regarding whether it plans to appeal the ruling.
CFPB Monitor
MARCH 16, 2021
Under the leadership of Acting CFPB Director Dave Uejio, the Bureau issued an interpretive rule on March 9, 2021 clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act (“ECOA”) and Regulation B includes sexual orientation and gender identity discrimination.
PYMNTS
OCTOBER 12, 2016
The Consumer Finance Protection Bureau suffered a major blow in Federal Appeals Court yesterday when a three judge panel ruled that parts of its leadership structure are unconstitutional. This decision was taken as part of mortgage lender’s PHH Corp. appeal of the 2014 $109M financial penalty imposed by the CFPB.
CFPB Monitor
FEBRUARY 2, 2017
Circuit panel that issued the PHH decision last October has issued a per curiam order denying the three motions to intervene that were filed in the case last month.
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