New York’s governor recently directed the New York State Department of Financial Services to investigate instances of alleged mortgage deed fraud in Brooklyn.

The CFPB will hold a symposium Wednesday to discuss data collection on small business lending; Supreme Court sets briefing schedule in Seila Law v. CFPB.

Rep. Patrick McHenry of North Carolina questioned whether the collection requirements under HMDA contribute to lending discrimination towards the LGBTQ community.

A recent study found that a substantial portion of lenders reduced interest rates to avoid being subject to the CFPB regulation regarding high-cost mortgages.

Nearly two dozen Democratic senators urged the CFPB to immediately open an enforcement investigation into a servicer’s management of a student loan forgiveness program.

The CFPB nowadays is less active in addressing fair lending concerns via enforcement actions, particularly in cases relating to disparate impact. The bureau did not initiate or complete a single fair lending enforcement action from October 2018 to March 2019.

Lower courts have started to put on hold CFPB enforcement litigation, pending a final decision by the Supreme Court on whether the bureau’s single-director leadership structure is constitutional.

The U.S. Supreme Court agreed to review a case challenging the CFPB’s constitutionality. The court directed both parties to file briefs on a possible remedy.

Five industry groups have asked the CFPB to eliminate certain data points from the Home Mortgage Disclosure Act requirements. On the other hand, the NAHB is seeking reporting of more data fields.

The CFPB has extended the temporary coverage threshold for open-end lines of credit under HMDA by two years while it is considering increasing permanent thresholds for both closed- and open-end loans.