Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger recently announced a major reorganization plan affecting the agency’s supervision, enforcement and fair lending division.
Some critics say the shakeup will limit the autonomy of the Office of Enforcement – which has had carte blanche to open investigations over the past 10 years.
Read on to see what Mayer Brown Partner Ori Lev, one of the founding members of the CFPB, told RESPA News.
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