News

A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
A Consumer Financial Protection Bureau "waives any alleged noncompliance" by the mortgage company while continuing to dole out redress to borrowers.
During the final hours of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) released several rules and proposed rules and was in active litigation defending its earlier ...
In a separate order also published on Tuesday, the CFPB likewise canceled a November action against the nonbank mortgage company Fay Servicing over alleged violations of mortgage servicing laws.
In 2023, Bank of America also was ordered by the CFPB to pay a $12 million penalty after hundreds of bankers filed false mortgage reports.
CFPB ends its oversight of Bank of America in Charlotte. The bank met federal compliance requirements tied to false mortgage data, closing the case early.
Days after Senate Parliamentarian Elizabeth MacDonough ruled that several key pieces of One Big Beautiful Bill violated the Byrd Rule, Senate Banking Committee Chair Tim Scott has revised provisions ...
The Consumer Financial Protection Bureau and banks seeking to overturn a Biden-era open banking rule are misreading a law empowering consumers to authorize access to their deposit and credit card data ...
Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts The Consumer Financial Protection Bureau was created to police potential bad actors in the financial services ...
Senate Republicans have proposed cutting the Consumer Financial Protection Bureau’s (CFPB) funding by nearly half. The move is part of President Trump’s “Big Beautiful Bill” and could lead ...