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Tagged: Consumer Financial Protection Bureau (CFPB)

Consumer Watchdog Invites State Regulators To Dance

As regulatory roll-backs loom over financial sectors, the CFPB says consumers' financial data rights are states' to forfeit

Regulation and Compliance
Operations
Nov 14, 2024
CFPB Scrapes Redlining Settlement From Townstone

If approved, the settlement would leave legal concerns over free speech, race-based affirmative lending, and the use of data in modern-day redlining lawsuits “without adjudication of any issue of fact or law.”

Analysis and Data
Nov 04, 2024
CFPB Finalizes New Rule Expanding Consumer Financial Data Privacy Rights

Financial institutions must deliver a consumer's financial data to another provider for free, upon the consumer's request

Regulation and Compliance
Oct 22, 2024
CFPB, DOJ Flag Fairway Independent For Redlining

Fairway to pay a $1.9 million penalty and provide $7 million in loan subsidies

Courts
Oct 16, 2024
Bank Mergers Face Additional Scrutiny By FDIC

FDIC considers small businesses and residential loan originations when evaluating a merger’s competitive effects.

Regulation and Compliance
Sep 19, 2024
NewDay USA Ordered To Pay $2.25 Million Fine

CFPB penalizes lender for allegedly misleading VA borrowers

Courts
Sep 03, 2024
CFPB Takes Action Against Fay Servicing For Unlawful Foreclosures, Violating Court Order

The order mandates a $5 million payment in redress and penalties, imposes compensation limits on CEO Edward Fay

Courts
Aug 22, 2024
CFPB Scores Statutory Victory In Townstone Redlining Case

Seventh Circuit affirmed CFPB's authority to discourage discrimination against prospective applicants

Courts
Regulation and Compliance
Jul 15, 2024
Nearly 7 In 10 Home Loans Belonged To IMBs In 2023

In worst market in decades, nonbank mortgage companies saw market share boosted last year.

Analysis and Data
Jul 15, 2024
FHFA Presents Mortgage Statistics For Q1 2024

New platform featuring aggregate data updated quarterly

Analysis and Data
Jul 09, 2024
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FHAs Foreclosure Reckoning
Breaking Barriers
Mae Mackey: From Center Square To Center Stage
NMP, Mortgage Banker,
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