Mortgage trade groups support CFPB’s proposal to limit disparate impact liability under ECOA, while consumer advocates warn it could weaken fair lending protections. AI Summary Mortgage trade groups ...
The Consumer Financial Protection Bureau has backed off enforcement and supervision of consumer protection laws, leaving ...
The CFPB, under former Director Rohit Chopra, regularly engaged in regulatory overreach, the Bureau’s current leadership said ...
A threatened cut to the Consumer Financial Protection Bureau is drawing alarm from Democrats who fear an impact on the housing market. This week, lawmakers led by Sen. Elizabeth Warren wrote a letter ...
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 ...
FIRST ON FOX: A Trump-aligned legal group is urging the Consumer Financial Protection Bureau to scrap its demographic reporting mandate, arguing that the rule allows lenders to consider the race and ...
On December 3, Senators Elizabeth Warren (D-MA), Raphael Warnock (D-GA), Ruben Gallego (D-AZ), and Andy Kim (D-NJ) published a letter to CFPB Acting Director Russell Vought expressing concern that ...
The CFPB is proposing changes to ECOA rules that could limit credit access for underserved groups. Mortgage industry leaders say it could hurt women's ability to get a mortgage loan in their own name.
WASHINGTON, Dec 5 (Reuters) - The U.S. Consumer Financial Protection Bureau will next week convene its expert consumer advisory panel to discuss ending anti-discrimination policies, and a recent ...
The Consumer Financial Protection Bureau (CFPB) intends to furlough most of its workers on December 31st. The young agency was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act, ...
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