An Oregon district court judge last month held that the combined earnings of the Federal Reserve refers to the central bank’s revenue before expenses are subtracted.
The complaint, brought by a former underwriter, accuses Equity Prime Mortgage of misclassifying underwriters as exempt from overtime under the Fair Labor Standards Act.
The GAO assessed the extent to which the CFPB implemented controls to ensure that employees of the now-defunct DOGE initiative would adhere to the bureau’s IT security rules.
The guidance reaffirms that civil rights laws allow state attorneys general to fight intentional and disparate-impact discrimination, despite actions taken by the Trump administration and federal agencies.
Analysts worry that FHFA’s aggressive policy moves on credit scores are more about saving consumers money than the safety and soundness of the mortgage system.