At the first NMLS ombudsman meeting of the year, the MBA raised concerns regarding state regulation of nonbank mortgage companies.

The CFPB last month issued its first contested supervisory designation order against a nonbank. The bureau said other companies that had received notices consented to supervision.

Large credit card issuers’ late fees will be capped at $8 in a few months following a new rule from the CFPB. Industry groups have filed a lawsuit to stop implementation of the rule.

The CFPB’s Office of Supervision Examination has capped the time an examiner can be assigned to an entity to a maximum of five years. The OSE is also set to launch a tool to track examiner assignments.

A CFPB circular warning operators of digital comparison-shopping tools against engaging in preferential treatment isn’t sitting well with industry participants.

There is an opportunity for the CFPB to advance ethical use of AI, according to Brad Blower, principal and founder of Inclusive-Partners.

CFPB working on data safeguarding rulemaking, Fed to host webinar on compliance issues.

Otting will be given a one-time stock option grant to acquire 15 million shares of NYCB’s common at a strike price of $2.00 a share…

Mortgage industry stakeholders said Freddie Mac’s pilot program to alleviate repurchase requests is a better option than Fannie Mae’s new notice of potential defect.

Title insurance advocates are incensed by FHFA’s announcement that a once-dead title waiver pilot is alive and well.