CFPB doubles down against marketing services agreements

CFPB doubles down against marketing services agreements

Underscores that MSAs could constitute mortgage kickbacks

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House

US Sen Durbin: mulling mortgage bankruptcy options

US Senate Democrats welcome a fight with Republicans over a proposed agency aimed at protecting consumers from abusive financial industry practices, a top Senate Democrat said Monday. Sen. Richard Durbin (D., Ill.), the second-ranking Democrat in the Senate, told reporters on a conference call that the GOP alternative to the proposed agency would protect "the most notorious" practices by debt collectors, pay-day lenders and other financial services firms. "If the Republicans want to stand behind those practices of the pay-day loan operations...I welcome the fight," Durbin said.

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