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US politics
fromwww.theguardian.com
1 month ago

Judge says Trump administration must continue funding consumer watchdog

A federal judge ordered the Trump administration to continue funding the CFPB, rejecting the administration's claim that the Federal Reserve cannot provide funds.
US politics
fromFortune
1 month ago

No, the White House can't defund the CFPB, judge says, just days before agency would run out of cash | Fortune

A judge ordered the CFPB to continue receiving Federal Reserve funding, blocking the White House's efforts to cut funds and prevent bureau operations.
fromFortune
1 month ago
US politics

No, the White House can't defund the CFPB, judge says, just days before agency would run out of cash | Fortune

more#cfpb
Real estate
fromwww.housingwire.com
2 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.
US politics
fromtearsheet.co
2 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
3 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.
US politics
fromwww.housingwire.com
5 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.
US politics
fromwww.housingwire.com
7 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.
fromwww.housingwire.com
7 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
fromwww.housingwire.com
7 months ago

CFPB cuts short monitoring of Bank of America mortgage practices

The CFPB claims Bank of America violated HMDA by failing to collect race, ethnicity, and sex data on mortgage applications.
Leadership changes at the CFPB have impacted enforcement actions and staffing levels.
#consumer-protection
fromDefector
9 months ago
Video games

An Interview With A Fired Web Content Manager At The Consumer Financial Protection Bureau | Defector

Privacy professionals
fromBusiness Insider
9 months ago

DOGE is slashing 90% of a federal agency designed to prevent another financial crisis

The Consumer Financial Protection Bureau has drastically reduced its workforce by 90%, impacting its ability to protect consumers.
fromDefector
9 months ago
Video games

An Interview With A Fired Web Content Manager At The Consumer Financial Protection Bureau | Defector

Privacy professionals
fromBusiness Insider
9 months ago

DOGE is slashing 90% of a federal agency designed to prevent another financial crisis

The Consumer Financial Protection Bureau has drastically reduced its workforce by 90%, impacting its ability to protect consumers.
more#consumer-protection
SF politics
fromwww.housingwire.com
8 months ago

House official cites HUD, CFPB cuts as keys to pass Trump tax bill

Rep. Hill's committee aims to reduce the deficit by at least $1 billion over the next decade through specific budgetary actions.
fromwww.housingwire.com
8 months ago

MBA urges overhaul of mortgage rules in letter to OMB

The MBA's response emphasizes the need to roll back certain regulatory measures it believes hamper the efficiency and cost-effectiveness of the mortgage industry.
Business
fromwww.housingwire.com
9 months ago

There's a new enforcement playbook for mortgage lenders

The CFPB's decision to reduce supervisory exams by 50% while shifting focus toward non-depository financial services indicates changing regulatory approaches in the mortgage industry.
Boston real estate
fromNextgov.com
9 months ago

A DOGE aide involved in CFPB cuts owns stock prohibited by ethics laws

Ethics experts have advised that Kliger's position and stock holdings raise significant concerns regarding potential conflicts of interest and violations of federal ethics laws.
Privacy professionals
fromFast Company
9 months ago

How to avoid credit card late fees now that they're back

The Texas judge's ruling earlier this month came a day after major industry groups announced they had reached an agreement to throw out the $8 late fee cap.
Privacy professionals
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