Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage lending and the financial crisis. Berry also has covered big banks including Bank of America, J.P. Morgan Chase and Wells Fargo. She has won five awards from the Society of American Business Writers and Editors, and has worked at several news organizations including the Orange County Register, the Los Angeles Business Journal and the Associated Press. Berry began her career as a clerk at the New York Times.
-
The Consumer Financial Protection Bureau is expected to finalize its second round of mortgage servicing rules in July, a top agency official said. Laurie Maggiano, a program manager for servicing and secondary markets at the CFPB, also offered insights into the bureau's long-anticipated rulemaking on debt collection.
April 21 -
A Consumer Financial Protection Bureau study found that borrowers pay steep bank penalty fees and may have their checking accounts closed when they take out online payday loans.
April 20 -
A Consumer Financial Protection Bureau study found that borrowers pay steep bank penalty fees and may have their checking accounts closed when they take out online payday loans.
April 20 -
A federal appeals panel appeared receptive to striking two works from the Dodd-Frank Act that says the CFPBs director can be removed for cause. Heres what that would mean.
April 19 -
A federal appeals panel appeared receptive to striking two works from the Dodd-Frank Act that says the CFPB's director can be removed "for cause." Here's what that would mean.
April 19 -
Senior members of the Obama administration posted a blog under the headline: "A Moral Case for Putting a Stop to Payday Lending Abuses." White House officials are citing support from a diverse array of religious leaders for ending the cycle of debt caused by taking out multiple payday loans.
April 15 -
The Consumer Financial Protection Bureau named six people to top staff positions Tuesday, including the head of a new office for small-business lending.
April 12 -
Congress should consider giving direct authority over nonbank mortgage servicers to the Federal Housing Finance Agency, according to a report released Monday by the Government Accountability Office. The report said there should be "parity" among financial regulators in the oversight of regulated entities and third parties they do business with.
April 11 -
The U.S. Court of Appeals for the D.C. Circuit will hear oral arguments Tuesday about the Consumer Financial Protection Bureau's structure, in a case that has national implications. Even though a ruling isn't expected until the end of the year, legal experts say there are four major legal issues involved.
April 10 -
Speaking before the Senate Banking Committee, CFPB Director Richard Cordray said fintech companies should be held to the same standards as depository institutions. At the hearing, Cordray fielded questions on payday loans, indirect auto lending and regulation by enforcement rather than rulemaking.
April 7 -
Speaking before the Senate Banking Committee, CFPB Director Richard Cordray said fintech companies should be held to the same standards as depository institutions. At the hearing, Cordray fielded questions on payday loans, indirect auto lending and regulation by enforcement rather than rule-making.
April 7 -
Two appeals court judges raised constitutional questions Monday about the structure of the Consumer Financial Protection Bureau in its case against PHH Corp.
April 5 -
Two appeals court judges raised constitutional questions Monday about the structure of the Consumer Financial Protection Bureau in its case against PHH Corp.
April 4 -
The Consumer Financial Protection Bureau has amassed more than $300 million in so-called "unobligated balances" in its civil penalty fund, driven by a bumper crop of penalties against financial institutions in the past year. Some are questioning why the balances remain so large, year after year.
April 4 -
Debt collection, credit reporting and mortgages topped the list of complaints to the Consumer Financial Protection Bureau last year, while complaints about prepaid cards and consumers loans soared, the agency said Friday.
April 1 -
The Consumer Financial Protection Bureau has amassed more than $300 million in so-called "unobligated balances" in its civil penalty fund, driven by a bumper crop of penalties against financial institutions in the past year. Some are questioning why the balances remain so large, year after year.
April 1 -
The Consumer Financial Protection Bureau on Wednesday ordered a San Diego student debt relief company to shut its operations, cancel all contracts and cease participating in the industry.
March 30 -
The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather, it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.
March 29 -
The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.
March 29 -
The Consumer Financial Protection Bureau on Wednesday issued an advisory for banks and credit unions on how to prevent and respond to elder abuse.
March 23
