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1. • 

     CFPB Opens Public Probe on Closing Fees

     The National Law Review· 4 hours ago

     On May 30, the CFPB announced that it was probing mortgage closing costs as part of its continued focus on so-called junk fees. The Bureau’s request for...

2. • Mortgage 'junk fees' can add nearly $6,000 to the cost of buying a home. The Biden administration...

     Morningstar· 15 hours ago

     The Consumer Financial Protection Bureau said Thursday it's launching a public inquiry into "junk fees" that the agency says are increasing mortgage closing costs. "Junk fees ...

3. • CFPB Releases RFI on Mortgage Closing Costs | JD Supra

     JD Supra· 18 hours ago

     The seven-page RFI provided nine questions about the impact of closing costs, and how they relate to borrowers and the mortgage market. The RFI follows CFPB

4. • 

     CFPB issues info request for mortgage closing costs in assault on ‘junk fees‘ - HousingWire

     HousingWire· 1 day ago

     The Consumer Financial Protection Bureau (CFPB) on Thursday issued a new request for information...

5. • 

     CFPB To Probe Home Sale Closing Costs

     Investopedia· 2 days ago

     Buyers are faced "dozens" of fees in a typical home closing, leading to added expenses that are hard to get around, the CFPB said. Should the CFPB's...

6. • Nutter Bank Report: May 2024 | JD Supra

     JD Supra· 18 hours ago

     The Supreme Court has ruled that the statutory authorization that allows the CFPB to draw funds from the earnings of the Federal Reserve System does not violate the Appropriations ...

7. • Banking and Consumer Regulatory Digest - May 2024 - 2 | JD Supra

     JD Supra· 18 hours ago

     On May 10, 2024, a federal district judge in the Northern District of Texas granted a preliminary injunction that for now stays CFPB's rule capping most ...

8. • 

     CFPB Releases Report Highlighting Junk Fees in Mortgage Servicing

     The National Law Review· 2 days ago

     Go-To Guide:

9. • JD Supra: CFPB Files Cross-Motion for Summary Judgment in Texas Small Business Lending Rule Lawsuit

     JD Supra· 2 days ago

     The CFPB (or “Bureau”) filed a cross-motion for summary judgment in the lawsuit regarding the small business lending data collection and reporting rule, ...

10. • CFPB Director Addresses Credit Report Fees Before the Mortgage Bankers Association | JD Supra

      JD Supra· 4 days ago

      As part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report fees in prepared remarks at the Mortgage< ...