Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, ...

Rohit Chopra, the former director of the Consumer Financial Protection Bureau (CFPB), argued Monday that shutting down the agency is “begging for another financial crisis,” as the Trump ...

The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard ...

Mortgage companies under scrutiny could see a reprieve, while the status of functions like behind-the-scenes guidance inquiries is uncertain, experts say.

In this article, we share a timeline of our monthly "bites" for 2024 applicable to the mortgage industry. There was also a flurry of ...

Russell Vought, the newly installed director of the Office of Management and Budget, directed the CFPB in a Saturday night ... which was caused in part by fraudulent mortgage lending.

Criticized by Republicans as unaccountable and exceeding its legal authority, the CFPB regulates the sector which originated the toxic mortgage-related products underlying the financial crisis.

Along with the halted rules to cap overdraft fees and remove medical debt from credit reports, the CFPB also recently took action against a mortgage lender over accusations of discriminatory ...

Since 2021, the consumer watchdog agency has carried out a campaign to combat redlining and race-based discriminatory lending in the mortgage industry. A number of major banks and nonbanks have been ...