The regulator said the Fair Housing Home Loan Data System regulation was obsolete and largely duplicative of and inconsistent with other data collection regimes.
Under Director Pulte, FHFA has withdrawn proposed rules affecting enterprise liquidity requirements and the unsecured credit limits and boards of directors of the FHLBank System.
The final rule would have rescinded procedures that require a state official to notify the bureau when they take action to enforce the Consumer Financial Protection Act.
The bureau urged the court to convert the bankruptcy case’s filing to allow the regulator to investigate whether Synapse Financial Technologies violated the CFPA, and provide redress to harmed consumers.
CFPB issues new policy statement on criminal regulatory offenses; CFPB ends consent order with Navy Federal Credit Union; California’s licensing fees set to increase.