Consumer Financial Protection Bureau (CFPB)

The CFPB says the rule will produce 22,000 more mortgages each year, but some disagree with its premise

The regulator alleges that the manufactured-home lender ignored obvious red flags about borrowers' ability to repay

Rocket remains defiant, calling the allegations ‘false and a distortion of reality’

The rule requires new disclosures to protect homeowners using PACE financing for home improvements

Brendan McKay of BAC revealed the main takeaways in a LinkedIn post

The final rule concerns lenders that offer digital payment apps and handle more than 50 million transactions per year.