Regulations under Section 8 of RESPA are “obsolete and costly with few consumer benefits,” according to the MBA.

State regulators plan to move the One Company, One Exam effort out of pilot into full operation, beginning with larger mortgage companies.

The companies were accused by the CFPB of mishandling credit card disputes and misleading consumers about payment options.

The bureau released guidance that details employers’ responsibilities and consumer protections under the FCRA involving worker surveillance technologies.

CFPB, Townstone to settle lawsuit; CFPB fines credit union for alleged system update failures; Meta under investigation by CFPB; Paypal Credit receives CID; NCUA plans fair lending hire; consumers support overdraft protections; open recommendations from the CFPB’s OIG; Capital One faces possible enforcement action.

In a busy week at the Mortgage Bankers Association’s annual conference, Freddie Mac rolled out an expansion of its repurchase alternative pilot. Officials also defended the closed-end second-lien pilot.

The far-reaching impacts of shifting from Classic FICO to a combination of FICO 10 T and VantageScore 4.0 have lenders worried about customer relations and fair lending problems.

Housing advocates say weaker goals don’t give the GSEs enough incentive to support underserved communities; lenders say they give needed leeway when markets are unpredictable.

The FHLBank is extending the terms and reducing the haircut on collateral pledged by non-depository CDFIs and state-chartered HFAs (which technically aren’t even members).

A new advisory bulletin streamlines the application process for an affordable housing subsidy and makes the rules more compatible with those of other affordable housing funders.