Consumer Financial Protection Bureau (CFPB)

Creditors must provide specific and accurate reasons for credit denials, even with complex AI models.

Mixed reactions follow landmark settlement as some hope it could pave the way for future regulation and consumer protection.

Group of largest credit repair organizations face historic penalties following illegal advance fee collection.

Industry attorneys forecast uphill battle for bureau which lost at district court level.

Lender provided incentives to Realty Connect and other brokerages in exchange for mortgage referrals.

Says it is working with state regulators to ensure fairness in advertising and teach consumers where to go for help.