CFPB

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This group monitors developments at the Consumer Financial Protection Bureau.

Members: 66
Latest Activity: Jan 25

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Discussion Forum

Cordray Is in, What's Next?

Almost six months after nominating Richard Cordray to head the Consumer Financial Protection Bureau, Pres. Barack Obama bypassed a Senate vote and used a “recess” appointment to install the former…Continue

Tags: Dodd-Frank, auto finance, CFPB, Cordray

Started by Christina Haberstroh Jan 12.

Wanted: CFPB Nominees

Apparently, nominees for directorship of the Consumer Financial Protection Bureau are few and far between. So far, several candidates have rebuffed White House offers for the post, according to The…Continue

Tags: warren, cfpb

Started by Marcie Belles Apr 14, 2011.

CFPB Targets ‘Shorter and Clearer’ Forms 4 Replies

One of the Consumer Financial Protection Bureau’s first orders of business will be to review ― and possibly revamp ― loan documents and forms. For instance, mortgage lenders may have to consolidate…Continue

Tags: warren, disclosure, forms, cfpb

Started by Marcie Belles. Last reply by ANDRES HUERTAS Mar 25, 2011.

Warren: CFPB Regs Will Lower Costs of Financial Products

Check out this Q&A with Elizabeth Warren, published in…Continue

Tags: cfpb, warren

Started by Marcie Belles Feb 2, 2011.

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Comment by William Fowler on May 2, 2011 at 9:55am: E-net offers dealers and lenders a loan approval process that engages all parties at the same time to share information live over the internet while making a loan decision based on each lenders risk base models.

Dealers, lenders, and other financial institutions are required to provide more transaction transparency, reporting, and accountability to the customer during the origination process. Because of these new requirements balancing data security with business user needs for easy, anytime, anywhere information access is a challenge that many dealers and lenders face. E-net's secure, compliant, SaaS, private cloud system links all parties and their information in a secure system while making lender and risk model decisions. This process enhances capabilities in data management, multiple party online communication, lender risk model analysis, risk management, storage, and compliance. Then it encripts and up loads the data to the proper parties

Comment by Mary Wisniewski on February 4, 2011 at 4:20pm: The CFPB tweets.

Comment by Glenn S. Gottfried on November 1, 2010 at 1:09pm: Please check out the featured article on GripFin in Auto Finance News' October publication from the 2010 Auto Finance Summit

AFN Article

Comment by Glenn S. Gottfried on October 9, 2010 at 10:58am: I am excited about joining the CFPA group and am looking forward to participating in providing relevant information and interaction. GripFin provides financial transaction advisory services to auto portfolio originators, sellers and buyers of all sizes and credit spectrums. Please visit my profile and website (gripfin.com) for further details.