Servicing and loan modification issues continued to account for the majority of complaints filed with the bureau in the second quarter of 2026, including a rise in issues involving mods. (Includes two data tables.)
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.
The bureau has called for feedback regarding the TILA-RESPAIntegrated Disclosure rule, issues involving reverse mortgages and fee disclosure tolerance thresholds.
Brandon Milhorn, president and CEO of the Conference of State Bank Supervisors, said technology can completely change how state examinations are conducted.
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.
Former CFPB enforcement leaders launch law firm; Democrats question CFPB complaint portal changes; New California agency led by former CFPB Director Rohit Chopra launches.
If enacted, the Fair Credit Reporting Reseller Accuracy Act would ensure that credit report resellers report data to the “maximum accuracy possible.” The bill has bipartisan support.