CFPB expects the rule would allow 22,000 additional mortgages to be approved every year.
Tagged: Consumer Financial Protection Bureau (CFPB)
CFPB calls out nonbanks that have broken consumer protection laws
Agency seeks to understand why closing costs are up, who is benefiting, and how costs can be lowered.
Justice Clarence Thomas wrote the majority opinion deeming the bureau's funding structure constitutional.
CFPB distributes $384 million to consumers harmed by Think Finance, a Texas-based online lender.
CFPB study finds junk fees impede fair and competitive pricing for mortgages.
New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.
The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.
Listen to the Mortgage Banker Magazine March 2024 cover story.
Regulators intensify crackdown on undisclosed fees, prompting industry backlash; CFPB asserts fees violate consumer protection laws, while Mortgage Bankers Association criticizes lack of understanding in agency's approach.