The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is the ...
Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, ...
Mortgage companies under scrutiny could see a reprieve, while the status of functions like behind-the-scenes guidance inquiries is uncertain, experts say.
What will the CFPB look like under new director Jonathan McKernan? Legal experts weigh in on the federal and state regulatory ...
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.
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 ...
Payday lenders, private student loan lenders and mortgage lenders were among the nonbank institutions brought under the CFPB's purview. In 2023, the CFPB received 1.3 million complaints about more ...