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Tagged: Consumer Financial Protection Bureau (CFPB)

CFPB Medical Debt Rule Could See Delay, Reconsideration

President Trump orders agencies to potentially reopen comments on new rules

Regulation and Compliance
Operations
Jan 23, 2025
Equifax Paying $15 Million For Consumer Dispute Failures

The CFPB filed a lawsuit against fellow credit-giant Experian two weeks ago alleging the same

Regulation and Compliance
Courts
Jan 20, 2025
The Mortgage Firm Settles Redlining Claims With Justice Department

Referral networks' disparate impacts on display in third redlining settlement with a nonbank mortgage lender

Courts
Regulation and Compliance
Jan 09, 2025
CFPB Accuses Experian Of 'Sham' Consumer Dispute Investigations

The alleged conduct results in errors remaining on consumer reports, and errors being reinserted even after resolution

Courts
Industry News
Jan 07, 2025
Final Rule Banning Medical Debt From Credit Reports Issued

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

Regulation and Compliance
Jan 07, 2025
CFPB Sues Vanderbilt Mortgage For Trapping Borrowers In Risky Loans

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

Regulation and Compliance
Jan 06, 2025
CFPB Sues Rocket Homes, Real Estate Brokerage Over Kickback Scheme

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

Industry News
Regulation and Compliance
Dec 23, 2024
Here Comes The Sun: CFPB Finalizes Rule On PACE Loans

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

Regulation and Compliance
Dec 18, 2024
BAC Co-Founder Reveals Mega Brokers May Undergo CFPB Audits

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

Industry News
Dec 02, 2024
CFPB Finalizes Rule Increasing Federal Oversight On Nonbank Fintechs

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

Regulation and Compliance
Nov 21, 2024
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FHAs Foreclosure Reckoning
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Mae Mackey: From Center Square To Center Stage
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