The new rule codifies financial institutions’ existing obligations under the state antidiscrimination law.

President Trump wants Congress to enact a temporary 10% cap on credit card interest rates, while CFPB actions seem to be causing rates to go up.

Pete Mills, a senior vice president at MBA, believes housing affordability initiatives are more likely to come from executive orders this year.

President Trump has opposed a plan from his economic advisor to waive penalties on 401(k) withdrawals used for a downpayment.

Non-agency lenders are expecting an increase in originations following the Trump administration’s announcement that the GSEs will add $200 billion to their MBS holdings.

HUD said its prior assertion that the disparate-impact regulations provided “clarity and predictability” is diminished following the Supreme Court decision overruling the Chevron framework.

The bureau submitted to Judge Amy Berman Jackson’s decision finding that a lapse in appropriations would violate a preliminary injunction and directing the Trump administration to fund the CFPB.

A November plan to transfer the bureau’s active enforcement actions to the Department of Justice appears to no longer be in the works, according to an industry attorney.

In CFPB’s first semi-annual report released under the Trump administration, Acting Director Russell Vought included comments throughout the report disapproving of prior agency actions.

A federal district court judge said a lapse in funding at the CFPB would make it impossible for the bureau to fulfill its obligations under an existing preliminary injunction.