The bureau submitted to Judge Amy Berman Jackson’s decision finding that a lapse in appropriations would violate a preliminary injunction and directing the Trump administration to fund the CFPB.
A November plan to transfer the bureau’s active enforcement actions to the Department of Justice appears to no longer be in the works, according to an industry attorney.
The move clarifies that the Equal Credit Opportunity Act doesn’t prohibit lenders’ consideration of immigration status when evaluating credit applications.
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.
Senate returns CFPB director nomination; Newrez settles servicing issues with Massachusetts; CFPB makes annual inflation adjustments for mortgage regulations.
The District of Columbia Circuit has granted the National Treasury Employees Union’s request for en banc rehearing of its lawsuit against CFPB Acting Director Russell Vought.
Credit repair organizations are influencing consumers to file complaints with the CFPB in an attempt to remove negative, even if accurate, data from their credit reports, according to the Consumer Data Industry Association.