A potential slowdown of regulations and actions taken by the CFPB during the second Trump administration could alleviate regulatory pressure on financial service providers.

The Seattle-based bank attributed its decision to exit the mortgage business in part to burdensome CRA requirements. The bank received a “need to improve” CRA rating on its lending to low- and moderate-income borrowers. WaFd said it plans to appeal the rating.

Seth Frotman, general counsel and senior advisor to the director at the CFPB, expressed frustrations with courts for blocking the bureau’s efforts to apply existing laws to address modern and evolving problems.

A new report released by the bureau recommended several actions state regulators can take to “mirror” recent work done by the CFPB.

MBA calls for nonbank registry delay; bureau fines remittance company; bureau sues Draper & Kramer for redlining; Pennsylvania AG sues mortgage brokers over kickback scheme.

In his departure letter, Chopra said he knows the CFPB is "ready to work" with President Trump.

Responding to written questions from the Senate Banking Committee, Trump’s new Treasury secretary gave the mortgage industry limited insight into his views on GSE reform.

While the Trump administration wants to end the conservatorship of Fannie Mae and Freddie Mac, there are numerous roadblocks.

Trump’s nominee for FHFA director has drawn strong support from some quarters, but also some reservations.

Alanna McCargo this week stepped down as CEO of the San Francisco bank without public explanation, seven months into the role.