Consumer Financial Protection Bureau (CFPB)

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

Consumer agency researchers say combination creates a more accurate reflection of ability to pay.

CFPB says company harmed nearly 500,000 homeowners serviced by Mr. Cooper.

In blog post, director says agency intends to streamline regulations.

Addresses reconsiderations of value (ROV) for residential real estate transactions. 

The rule is intended to ensure the credibility and integrity of Automated Valuation Models.