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Chopra testifies at House, Senate committee hearings | JD Supra
JD Supra· 10 hours agoThe CFPB Director, Rohit Chopra, in his opening statement addressed the Committee to report on the agency's recent activities and initiatives including ...
CFPB turns rulemaking eye toward AI use in automated home appraisals - HousingWire
HousingWire· 23 hours agoThe Consumer Financial Protection Bureau (CFPB) this week announced the approval of a new rule that...
CFPB Issues Order Against Nonbank Mortgage Company | JD Supra
JD Supra· 1 day agoThe Consumer Financial Protection Bureau ("CFPB") reached a proposed settlement with a nonbank mortgage originator and servicer (the "Company") to resolve a pending lawsuit ...
Biden’s Blarney on Bank Fees
Ludwig von Mises Institute· 6 hours agoOn January 14, the White House issued an emotionally charged bulletin on overdraft fees. It outdid itself, packing the release with vituperative claims...
Medical debt may come off credit reports soon, helping Americans qualify for more financial products
FOX Business· 6 days agoMedical bills may soon be removed from many credit reports. The Consumer Financial Protection Bureau...
CFPB proposes $3.95M fine against Freedom Mortgage over repeated data errors
Compliance Week· 7 days agoAdditionally the company violated the Home Mortgage Disclosure Act (HMDA) and a 2019 order, the...
Medical debt could vanish from credit reports. What to do now
Detroit News· 3 days agoThe rule would also forbid lenders from basing their lending decisions on medical information....
Update on CFPB payday lending rule: “it ain’t over ‘till it’s over” | JD Supra
JD Supra· 2 days agoOn June 14, the CFPB announced that its payday lending rule would become effective on March 30, 2025. After the U.S. Supreme Court’s decision in CFSA v. CFPB</ ...
CFPB Proposes Fine Against Freedom Mortgage
RISMedia Real Estate News· 5 days agoThe Consumer Financial Protection Bureau (CFPB) has issued a proposed $3.95 million fine against Florida-based mortgage lender Freedom Mortgage. The
CFPB Payday Lending Rule to Take Effect After Supreme Court Win
Bloomberg Law· 6 days agoThe US Court of Appeals for the Fifth Circuit ruled in October 2022 that the CFPB had followed all necessary procedures allowing its watered-down payday lending rule to take ...