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Vought Calls for Legislative CFPB Reform

July 27, 2026
Shannon Clark
The draft CFPB Reform Act, which is backed by CFPB Acting Director Russell Vought and House Republicans, seeks to bring the agency under the appropriations process, among other reforms.
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CFPB Weighs Changes to Mortgage Disclosures

July 27, 2026
Shannon Clark
The bureau has called for feedback regarding the TILA-RESPA Integrated Disclosure rule, issues involving reverse mortgages and fee disclosure tolerance thresholds.
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Technology Looks to Propel State Supervision

July 27, 2026
Shannon Clark
Brandon Milhorn, president and CEO of the Conference of State Bank Supervisors, said technology can completely change how state examinations are conducted.
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Democrats Blast Vought Over CFPB Actions

July 27, 2026
Shannon Clark
Democrats in Congress demanded that CFPB Acting Director Russell Vought justify the actions he’s taken to reshape the bureau during his tenure.
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Regulators Warn Against Lending to Certain Noncitizens

July 27, 2026
Shannon Clark
Federal agencies warned that lending to non-work-authorized individuals presents elevated credit risks because their ability to generate income and maintain employment may be subject to greater uncertainty.
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Other News in Brief

July 27, 2026
Shannon Clark
Former CFPB enforcement leaders launch law firm; Democrats question CFPB complaint portal changes; New California agency led by former CFPB Director Rohit Chopra launches.
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Dialing Back Suspended Counterparty Enforcement

July 24, 2026
Dennis Hollier
FHFA proposes eliminating the “reputational harm” provisions in the regulation to comply with an executive order issued last August.
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Fannie Touts Solutions for Housing Supply Issues

July 24, 2026
Dennis Hollier
Construction loans may be too risky for the GSEs to purchase at scale, but Fannie has other products that help increase and preserve supply.
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House Committee Debates FHLB Reform

July 24, 2026
Dennis Hollier
House members discuss reforms to AMA, Affordable Housing Program, membership eligibility, and ways to provide CDFIs more access to FHLB advances.
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Freddie to Replace Electronic Default Reporting System

July 24, 2026
Dennis Hollier
Freddie Mac servicers will have to transition from the monthly foreclosure reporting cycle of its old EDR system to a “near real-time” system based on key events.
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