MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration
Tagged: Elizabeth Warren
A coalition of U.S. senators is urging the CFPB to withdraw a proposed rule eliminating disparate impact enforcement under ECOA, warning it would exacerbate housing affordability challenges and restrict access to credit
Sen. Elizabeth Warren is seeking records to determine whether major banks violated the National Mortgage Settlement by selling supposedly extinguished second mortgages that later resurfaced as “zombie” debts leading to foreclosures
Senior Democratic lawmakers have filed an amicus brief arguing that CFPB Acting Director Russell Vought’s reinterpretation of the agency’s funding mechanism unlawfully undermines its independence and consumer protection mandate under the Dodd-Frank Act
A group of 11 U.S. Senators have sent an inquiry to Acting CFPB Director Russell Vought voicing concerns over recent comments over shutting down the Bureau
Bipartisan measure takes steps to boost housing supply and expand access to affordable mortgage credit
Deal could value GSEs at combined $500B, sell a portion of their stock to raise ~$30B
Letter calls for consulting with independent experts, regulators before any changes made
"You've been lined up to be the number-one horse at the glue factory,” said Senator Elizabeth Warren (D-MA).
Dems, former CFPB Director, those targeted in lawsuits weigh in on attempts to discontinue CFPB