Header graphic for print
MoFo Reenforcement The Enforcement Blog

Tag Archives: Student Loans

CFPB Publishes Semi-Annual Rulemaking Agenda

Posted in Arbitration, Auto Lending, CFPB, Credit Reports, Mortgage, Payday Lending, Regulatory Developments, Student Lending

Just in time for the holidays, the CFPB released its Fall 2015 rulemaking agenda on Friday, November 20. The agenda does not include any major surprises, but it does slightly revise the projected timeline for several highly anticipated rulemaking activities. This alert lays out the highlights to consider between doses of turkey, football, and family…. Read More

CFPB Launches Official Inquiry Into Student Loan Servicing

Posted in CFPB, Student Lending

The CFPB has announced an inquiry into student loan servicing practices.  The inquiry includes a formal Request for Information from borrowers, institutions, financial service providers, and others, and call to borrowers to share their stories more informally.  Comments on the RIN are due on or before July 13, 2015.  Director Cordray, in prepared remarks at… Read More

Fall 2014 Supervisory Haiku-lights

Posted in CFPB, Mortgage, Student Lending, Supervisory Highlights

A few times a year, CFPB Supervision publishes Supervisory Highlights, which provides general information about examination findings without identifying specific institutions. We know you readers are busy—and literary!—so below we present key takeaways from Supervision’s Fall 2014 report in one of our favorite poetic forms:  haiku. student lenders must allocate payments fairly not to increase… Read More

Animal House Today, Mom’s House Tomorrow: The CFPB Reports on Struggling Private Student Loan Borrowers

Posted in CFPB, Student Lending

It’s no secret that many recent graduates have collected their diplomas only to face the one-two punch of a lean job market and mounting student loan debt. Graduation once meant independence, but for more students these days, it means crashing with their parents to make ends meet. According to the CFPB Student Loan Ombudsman’s Annual… Read More