Truss Financial and Deephaven Mortgage launched digital home equity line of credit products.

The fintech said the demand for shared-appreciation mortgages is a sign that traditional products have fallen short.

The DC Circuit Court will allow a district court to decide what happens to a preliminary injunction that blocks the Trump administration from laying off staff at the CFPB.

Proposed legislation would codify many of the guidelines put in place by FHFA under its authority as conservator.

The changes will allow credit reporting agencies to address complaints in a standardized manner, enhance identity protections for both companies and consumers, and align the complaint process to the bureau’s statutory obligations.

The bureau said the guidance conflicted with the amended ECOA Regulation B rule, which among other changes sets strict conditions for lenders to be able to offer special purpose credit programs.

In addition to deleting press releases, testimonies and speeches published before February 2025, the CFPB removed a website translation tool that allowed users to access information in several non-English languages.

The act directs the CFPB to conduct studies on the impact of points and fee thresholds and LO compensation on small-dollar loans.

Josh Silver, a senior fellow at the National Community Reinvestment Coalition, said more sophisticated data software now available should allow lenders to facilitate data collection.