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.
-
Federal prosecutors arrested and charged Mahender Makhijani, 44, with orchestrating a $100 million bank fraud against Western Alliance Bancorp.
By Kate BerryJune 11 -
The White House has nominated Brian Johnson, the former CFPB deputy and a veteran Capitol Hill staffer, to permanently lead the bureau.
By Kate BerryJune 10 -
The Trump administration's Consumer Financial Protection Bureau has quietly scrubbed over a decade of consumer guidance and public records from its website.
By Kate BerryJune 8 - AB - Policy & Regulation
All 11 Democrats on the Senate Banking Committee are backing a bill that would restore and lock in funding for the Consumer Financial Protection Bureau.
By Kate BerryJune 5 -
New York borrowers want the Supreme Court to rehear a case requiring banks to pay interest on mortgage escrow accounts, due to a split among appellate courts.
By Kate BerryJune 3 -
An audit by the Office of Inspector General concluded that information security programs at both the Federal Reserve Board and the Consumer Financial Protection Bureau are no longer effective due to critical vulnerabilities.
By Kate BerryJune 1 -
The Consumer Financial Protection Bureau is ending remote work and ordering its entire staff to report to a new Washington, D.C., headquarters five days a week.
By Kate BerryMay 28 -
Housing advocates and compliance firms are suing to block a rule from the Consumer Financial Protection Bureau that they say guts the Equal Credit Opportunity Act.
By Kate BerryMay 27 -
The Department of Justice said that Birmingham, Alabama-based Regions sought forgiveness from the Small Business Administration for a Paycheck Protection Program loan that the bank should have known did not qualify.
By Kate BerryMay 26 -
House lawmakers modified a ban on big-money investors from purchasing single-family homes, broadening the exemptions for build-to-rent properties and eliminating requirements in a Senate version of the bill that affected investors divest their holdings.
By Kate BerryMay 14 -
The Federal Housing Administration put an end to pandemic-era relief last year, triggering a 28% jump in foreclosures on FHA loans in the first quarter and an expected spike in defaults ahead.
By Kate BerryMay 13 -
The Treasury Department held a high-stakes huddle with state insurance officials to discuss risks associated with the rapid growth of private credit in the economy and whether those investments could pose systemic vulnerabilities.
By Kate BerryMay 7 -
Life insurers' borrowings from the Federal Home Loan banks has increased in recent years, raising concerns about opaque, private credit investments and how it intersects with the Federal Home Loan banks' housing mission.
By Kate BerryMay 7 -
The Consumer Financial Protection Bureau finalized a new version of a small-business lending rule that took 17 years to get over the finish line. Banks are still lobbying for the rule to be repealed.
By Kate BerryApril 30 -
A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
By Kate BerryApril 30 -
The Consumer Financial Protection Bureau is poised to finalize a contentious rule mandating the collection of demographic data on small-business borrowers, with the aim of ensuring equal access to credit for women and minority owners.
By Kate BerryApril 27 -
The Consumer Financial Protection Bureau has finalized changes to Regulation B, which implements the Equal Credit Opportunity Act, to eliminate any liability for indirect discrimination by lenders. The change represents a major shift in how the agency polices lending discrimination.
By Kate BerryApril 22 -
Banks are pushing back on the Consumer Financial Protection Bureau's draft of a five-year strategic plan, which includes a notable pullback from supervising nonbanks.
By Kate BerryApril 20 -
The Federal Savings Bank in Chicago got hit with a federal consent order after the Office of the Comptroller of the Currency found that the bank blasted veterans with millions of deceptive ads.
By Kate BerryApril 16 -
A federal judge refused to sign a settlement agreement between the Department of Justice and Houston developer Colony Ridge because it failed to provide any consumer relief. DOJ agreed to an out-of-court settlement instead.
By Kate BerryApril 14


















