Page 28 - Cfpb News Today

Prosecutors claim every dollar in subsidy funds from settlements equates to ten times the amount in value in home lending efforts.

A small mortgage company is hauled to court for comments on a weekly radio show and podcast.

The Consumer Financial Protection Bureau just issued a Policy Statement on Abusive Acts or Practices, which sets forth the CFPB's views about what types of practices violate...

The agency has been using the Freddie Mac weekly rate survey, but a methodology change by the GSE is the catalyst for the revision to determine the Average Prime Offer Rate for high-cost mortgages.

Two professionals who advise servicers on compliance name their key areas of concern.

CFPB issued policy statement explaining legal prohibition on abusive conduct in consumer financial markets provided in Consumer Financial Protection Act CFPA and provided a summary past enforcement where these provisions have been applied.

It may turn out to be only a symbolic defeat for the Obama administration, but a three-judge panel of the Court of Appeals for the District of Columbia yesterday struck down as unconstitutional the leadership structure of the federal Consumer Financial Protection Bureau (CFPB), currently headed by Richard Cordray.

A pending Supreme Court ruling on the Consumer Financial Protection Bureau's funding structure could create dangerous regulatory uncertainty. Congress should act first.

The cost and scope of data sharing were among bankers' top complaints, while fintechs would like fewer restrictions, a report by the Consumer Financial Protection Bureau found. 

On February 28, 2023, the FTC and the CFPB issued a joint request for information ("RFI") seeking public comment on background checks used to screen potential tenants...