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The CFPB has broad authority to examine bank and non-bank financial institutions for compliance with federal consumer financial law.
In an extraordinary announcement yesterday, the US Consumer Financial Protection Bureau (CFPB or Bureau) unveiled a broad expansion of its supervisory procedures to include...
Earlier this week, the U.S. Department of Housing and Urban Development (HUD)'s Office of General Counsel (OGC) published guidance on the Fair Housing Act's treatment of Special Purpose Credit Programs (SPCPs).
The CFPB, OCC, FDIC, NCUA, and state financial regulators issued a statement this week ending the temporary supervisory and enforcement flexibility provided to mortgage servicers due to the COVID-19 pandemic by the agencies.
On September 1, 2021, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking (NPRM) requesting public comment on its proposed rule to implement Section 1071...