The lender urged the court to dismiss charges under the Real Estate Settlement Procedures Act and state consumer protection laws in a 2024 class-action lawsuit.

Earned wage access products are no longer subject to the Truth in Lending Act’s requirements, if they meet certain terms laid out in the bureau’s new advisory opinion.

The bureau filed a series of annual reports ranging from the credit card market to compliance with the Plain Writing Act.

Senate returns CFPB director nomination; Newrez settles servicing issues with Massachusetts; CFPB makes annual inflation adjustments for mortgage regulations.

The president wants Fannie and Freddie to buy $200 billion in agency MBS to lower interest rates and reduce the cost of buying a home. Initial reaction from MBS analysts was mixed.

Housing advocates say the new, lower benchmarks generally favor middle- and working-class borrowers at the expense low-income and very low-income borrowers.

A negative profitability gap means the guarantee fees on newly acquired loans weren’t enough to cover the expected cost of guaranteeing the loans and earning the expected return on capital.

Researchers tell Congress that, despite the role the FHLBanks played in the bank failures of 2023, a higher level of FHLBank borrowing has historically been associated with positive outcomes for members.

Although FHFA, under Director Bill Pulte, has shied away from the green and climate priorities of prior administrations, UAD 3.6 still allows green and energy efficiency features to impact valuations.

Between 2022 and 2024, Fannie’s open multifamily fraud investigations spiked from 14 to 193. In the same interval, actual fraud findings went from 3 to 87.