Advocates urge Director Kathleen Kraninger to abandon the proposed reorganization of the Consumer Financial Protection Bureau’s (CFPB) Division of Supervision, Enforcement, and Fair Lending (SEFL).
We are writing to highlight the effect of the Supreme Court’s recent decision in TransUnion L.L.C. v. Ramirez, 141 S. Ct. 2190 (U.S. June 25, 2021) on the CFPB’s work. The Ramirez decision significantly impairs the ability of consumers to privately enforce numerous federal consumer laws in federal court, particularly disclosure requirements.
A letter requesting a one-week extension of the comment period on the QM seasoning comments. The comment deadline for the proposed special QM definition for seasoned loans falls on September 28th, Yom Kippur, the holiest day on the Jewish calendar.
Consumer Letter re: The End Double Taxation of Successful Consumer Claims Act
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