#CFPB tag - Briefly

Non-profit organizations

MBA backs CFPB strategic plan, urges broader mortgage rule relief

US politics

CEA analysis weighs CFPB's economic impact

fromTruthout

Trump's War on Consumer Financial Protection Bureau Cost Consumers $19 Billion

Trump administration dismantling of the CFPB cost Americans nearly $20 billion in one year through halted enforcement, rescinded rules, and disrupted consumer payments.

fromwww.npr.org

1 year into Trump's second term, a consumer watchdog agency is 'hanging by a thread'

The Trump administration in early 2025 halted CFPB work, sought funding cuts and staff layoffs while installing a director who aims to dismantle the agency.

1 day ago

CFPB may finalize Reg X changes, GSE streamline refis in 2026

CFPB prioritizes a streamlined GSE refinance framework over LO Comp rule changes, while industry seeks LO Comp, TRID, HMDA, and servicing reforms.

fromWIRED

2 weeks ago

A Federal Worker Was Fired for Filming DOGE. Now She's Running for Congress

Alexis Goldstein was fired from the CFPB for documenting DOGE's intrusion into the agency.

Non-profit organizations

MBA backs CFPB strategic plan, urges broader mortgage rule relief

The CFPB aims to combat fraud, protect veterans, and reduce regulatory burdens while focusing on consumer harm and fair banking practices.

US politics

CEA analysis weighs CFPB's economic impact

fromTruthout

US politics

Trump's War on Consumer Financial Protection Bureau Cost Consumers $19 Billion

fromwww.npr.org

US politics

1 year into Trump's second term, a consumer watchdog agency is 'hanging by a thread'

more#cfpb

#ecoa

fromNonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.

Law

CFPB ECOA rule rejects effects test, changes SPCP rules

The CFPB's new ECOA rule tightens restrictions on lenders and clarifies liability for discrimination, impacting thousands of institutions.

Social justice

Weakening the Equal Credit Opportunity Act Will Widen Inequality | Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.

The CFPB's proposed changes to ECOA threaten to weaken protections against lending discrimination.

Law

fromNonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.

CFPB ECOA rule rejects effects test, changes SPCP rules

The CFPB's new ECOA rule tightens restrictions on lenders and clarifies liability for discrimination, impacting thousands of institutions.

Social justice

Weakening the Equal Credit Opportunity Act Will Widen Inequality | Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.

The CFPB's proposed changes to ECOA threaten to weaken protections against lending discrimination.

more#ecoa

fromBusiness Insider

Checks for student-loan borrowers are going out after a $100 million settlement with a major lender

The Consumer Financial Protection Bureau - a federal watchdog - announced that on February 13, checks began going out in the mail to student-loan borrowers who qualified for a portion of the settlement the agency reached with major lender Navient in 2024. The settlement resolved claims from a 2017 lawsuit that accused the servicer of misleading borrowers about their repayment plan options, leaving them "cheated" out of lower monthly payments.

US politics

Real estate

5 months ago

A slowdown in compliance? Don't believe it!

State regulatory agencies are expanding examination capabilities and hiring former CFPB staff, creating a more complex, multi-state mortgage compliance landscape despite federal pullbacks.

fromtearsheet.co

6 months ago

Open Banking and its odd three-body problem

Open Banking regulation under Section 1033 is stalled, shifting toward bank-favoring rules as CFPB retraction raises fees, security, and timeline concerns amid fintech-bank disputes.

US news

fromBloomberglaw

6 months ago

Meta Escapes CFPB Probe Into Financial Services Advertising

Meta is no longer facing potential CFPB penalties over financial-services advertising after the agency closed its investigation on Sept. 25.

8 months ago

Mat Ishbia on CFPB cuts, Trump's fraud allegations against Cook

Market watchers expect a September 25-bps Fed rate cut amid Trump pressure, boosting refinance activity and reducing CFPB influence under the administration.

10 months ago

CFPB ends consent order against Fay Servicing

Fay Servicing agreed to a settlement involving $3 million restitution and $2 million penalty for multiple violations of mortgage servicing laws.

10 months ago

NAMB supports CHLA proposal on loan officer compensation

The NAMB advocates for a return to common-sense regulatory approaches that distinguish abusive behavior from today's transparent and consumer-focused lending models.

US politics

Privacy professionals