American Banker-
Acting Consumer Financial Protection Bureau Director Mick Mulvaney hasn’t said yet whether he will keep public consumer complaints about banks, credit unions and other financial firms, but a former Ohio attorney general is gearing up just in case.
Marc Dann, now a lawyer in private practice who represents mortgage borrowers in foreclosure, said he plans to file monthly Freedom of Information Act requests seeking access to consumer complaints filed with the agency, and post all of the information he receives on his law firm’s website.
Moreover, if Mulvaney revokes the public database or refuses to give him the underlying data, Dann said he will sue.
“If Mulvaney doesn’t give us the information voluntarily, we’re prepared to go to court and force him to hand it over,” Dann said Wednesday in an interview with American Banker. “We’re going to do everything in our power to blow up his plan to keep consumers and regulators in the dark.”