Acting Director Dave Uejio sent a message recently outlining his “broad vision for the Division of Research, Markets, and Regulations (RMR).” Many Bureau watchers, who also watch residential screening issues, may have been surprised to see a workstream on the CFPB’s “analysis on housing insecurity, including mortgage foreclosures, mobile home repossessions, and landlord-tenant evictions…”
To Uejio, this eviction review likely fits in to his overall message that the Bureau will “continue to put the American public, and particularly vulnerable communities, in the forefront of all that [it does].” There is little known publicly about the Bureau’s work on eviction issues, but the Bureau will likely coordinate its eviction review with the FTC.
Uejio’s vision messages:
- Consumers and their experiences to be at the foundation of CFPB policymaking, a vision for the Division of Consumer Education and External Affairs (CEEA), Feb. 10, 2021.
- The Bureau is working hard to address housing insecurity, promote racial equity, and protect small businesses’ access to credit, a vision for the Division of Research, Markets, and Regulations (RMR), Feb. 4, 2021.
- The Bureau is taking much-needed action to protect consumers, particularly the most economically vulnerable, a vision for the Office of for Supervision, Enforcement & Fair Lending (SEFL), Jan. 28. 2021.
Eric J. Ellman is Senior Vice President for Public Policy and Legal Affairs at the Consumer Data Industry Association (CDIA) in Washington, DC. He also served for eight months as Interim President and CEO of the Association. More