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.
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Sandy Pierce wanted to better understand how to help colleagues further their careers, so she came up with four questions that are now used in talent reviews at the $108 billion-asset Huntington.
By Kate BerrySeptember 22 -
There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.
By Kate BerrySeptember 18 -
Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.
By Kate BerrySeptember 18 -
The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.
By Kate BerrySeptember 18 -
The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.
By Kate BerrySeptember 18 -
The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure.
By Kate BerrySeptember 17 -
The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.
By Kate BerrySeptember 12 -
The bureau issued three policies removing the threat of legal liability for approved companies that test new products.
By Kate BerrySeptember 10 -
The event is the bureau's second in a series on consumer protection policy. The first dealt with the agency's authority to penalize firms for unfair, deceptive or abusive acts and practices.
By Kate BerrySeptember 6 -
Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.
By Kate BerrySeptember 3 -
Asset Recovery Associates told borrowers that it could sue them, garnish their wages and place liens against their homes, according to a consent order by the consumer bureau.
By Kate BerryAugust 28 -
The CFPB ordered Texas money transmitter Maxi to pay a $500,000 fine for allegedly deceiving consumers by saying the company is not responsible for errors made by agents.
By Kate BerryAugust 28 -
Though advocates and industry are rarely aligned, they are starting to coalesce around a plan that would call for the elimination of the CFPB’s 43% debt-to-income limit as part of its qualified mortgage rule.
By Kate BerryAugust 27 -
House Financial Services Committee Chairwoman Maxine Waters and over a hundred other lawmakers want the agency to go forward with a mandatory underwriting requirement for payday loans.
By Kate BerryAugust 23 -
An inspector general’s findings suggest that the Texas bank could face more consequences over how it handled fraud cases last year tied to the Direct Express program.
By Kate BerryAugust 22 -
After a news report said the bank kept alive accounts customers thought they had closed, Sen. Elizabeth Warren told acting CEO Allen Parker in a letter that Wells is "still fundamentally broken."
By Kate BerryAugust 21 -
Robert G. Cameron, a former official at the Pennsylvania Higher Education Assistance Agency, will succeed Seth Frotman as the bureau's point person on student lending complaints.
By Kate BerryAugust 16 -
The agency says the "disparate impact" standard needs to be amended to align with a recent Supreme Court ruling. But consumer advocates say the change would make it more difficult for borrowers to allege discrimination under the Fair Housing Act.
By Kate BerryAugust 16 -
The broker and the companies he operated allegedly induced veterans to hand over their federal benefits in violation of the law.
By Kate BerryAugust 15 -
The industry has long worried that the ability-to-repay rule gives borrowers an avenue to fight foreclosure, but one plaintiff’s experience may discourage others from trying.
By Kate BerryAugust 15
















