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Tagged: Consumer Financial Protection Bureau (CFPB)

CFPB Proposes To Ban Medical Debt From Credit Reports

CFPB expects the rule would allow 22,000 additional mortgages to be approved every year.

Regulation and Compliance
Jun 12, 2024
CFPB Unveils Lender Naughty List For Repeat Offenders

CFPB calls out nonbanks that have broken consumer protection laws

Regulation and Compliance
Jun 06, 2024
CFPB Issues Public Inquiry On Junk Fees Affecting Closing Costs

Agency seeks to understand why closing costs are up, who is benefiting, and how costs can be lowered.

Industry News
May 30, 2024
Supreme Court Upholds CFPB Funding Structure

Justice Clarence Thomas wrote the majority opinion deeming the bureau's funding structure constitutional.

Courts
May 16, 2024
CFPB Compensates Victims Of Phantom Loan Scheme

CFPB distributes $384 million to consumers harmed by Think Finance, a Texas-based online lender.

Courts
May 15, 2024
Price Complexity On Transactions Leads Consumers To Pay More

CFPB study finds junk fees impede fair and competitive pricing for mortgages.

Analysis and Data
May 08, 2024
Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

Regulation and Compliance
Apr 24, 2024
CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

Regulation and Compliance
Industry News
Apr 10, 2024
CFPB, HUD Risk Litigation Over Fair Lending Enforcement

Listen to the Mortgage Banker Magazine March 2024 cover story.

Industry News
Mar 12, 2024
NMP The Covery Story Podcast
CFPB Cracks Down On 'Junk Fees' In Mortgage Industry

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.

Industry News
Mar 11, 2024
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