Self-employed households have been slower to recover from the financial crisis even though they make more money than salaried households, according to a new study from The Urban Institute. The study attributes the situation partly to the fact that incomes for self-employed households are still below pre-crisis levels while incomes for salaried households have largely recovered. Also, mortgage use and the homeownership rate have largely declined more for self-employed ...

A dozen mortgage industry groups have asked the CFPB to update its integrated mortgage-disclosure rules in order to facilitate accurate disclosure of title insurance premiums and any potential available discounts to homeowners.

The National Association of Federally-Insured Credit Unions has called upon CFPB Director Kathy Kraninger to exempt credit unions from the agency’s supervisory and enforcement activity.

A “suppressed” CFPB report showing that the nation’s largest banks were ripping off students by charging high fees has now come to light.

Commercial banks and savings institutions reported a total of $71.41 billion in home loan originations through their retail mortgage banking platforms during the third quarter of 2018, according to an Inside Mortgage Trends analysis of call report data. Retail mortgage production was down 5.1 percent from the second quarter and left year-to-date originations 13.6 percent below the amount reported during the first nine months of last year. The figures ... [Includes one data chart]

Employee satisfaction at the CFPB has taken a big hit over the past year, according to a ranking by nonprofit organization Partnership for Public Service and Boston Consulting Group.

The U.S. Department of Justice in December filed a brief with the U.S. Supreme Court arguing that the CFPB’s leadership structure is unconstitutional.

Agencies issue guidance on 37 key data fields for HMDA examination; Rep. Maxine Waters formally nominated to chair the House Financial Services Committee.

Repurchases of GSE loans by Fannie Mae and Freddie Mac sellers continued to decline in the third quarter, though the pipeline of unresolved buyback demands ticked higher. [Includes one data chart.]

With financial institutions set to report mortgage disclosure data collected in 2018 to the Consumer Financial Protection Bureau, attorneys are concerned that it may lead to an increase in fair lending investigations and enforcement actions by government agencies.