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Inside the CFPB
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Court Orders Trump Admin to Continue Funding CFPB

March 23, 2026
Shannon Clark
A California district court found that the Trump administration has provided no assurance that it will seek funding from the Fed again for the CFPB, as the end of the second fiscal quarter nears.
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CFPB Releases Draft of New Strategic Plan

March 23, 2026
Shannon Clark
The bureau’s draft strategic plan for fiscal year 2026 through fiscal year 2030 included many of the same objectives the agency has already been promoting, such as debanking and deregulation.
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MV Realty Settles Lawsuit Over Deceptive Marketing

March 23, 2026
Shannon Clark
The real estate brokerage agreed to pay $2.25 million and change its marketing to settle a lawsuit brought by the Massachusetts attorney general’s office.
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Strong QC Essential for Per Diem Interest Compliance

March 23, 2026
Shannon Clark
Sheila Oliver, deputy commissioner at the California Department of Financial Protection and Innovation, advised mortgage companies to have strong monitoring systems to verify per diem interest after loan closing and detect any adverse events impacting their systems.
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Republicans Look Beyond CFPB to Address Fraud

March 23, 2026
Shannon Clark
At a House hearing on fraud, Democrats argued that the CFPB is essential to fighting fraud, but needs support. Republicans largely ignored the arguments.
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Appeals Court Revives Rocket Employment Discrimination Lawsuit

March 23, 2026
Shannon Clark
An Ohio appeals court ruled that a lower court erred in granting Rocket Mortgage summary judgment in an employee discrimination lawsuit.
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Consumer Advocacy Group Urges CFPB to Examine Bilt

March 23, 2026
Shannon Clark
Protect Borrowers, a consumer advocacy group, alleged that Bilt is causing harm to consumers by mishandling rent payments and disabling access to accounts as it transitions to a new credit card partner.
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Other News in Brief

March 23, 2026
Shannon Clark
Bill aimed at making changes to the Gramm-Leach-Bliley Act; Sen. Elizabeth Warren, D-MA, seeks more information from the largest auto lenders.
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Injunction Barring CFPB Terminations May be Revised

March 9, 2026
Shannon Clark
Industry attorneys said it looks like the full DC Circuit will send the National Treasury Employees Union lawsuit against the CFPB back to the district court, mandating a revision of the preliminary injunction.
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Industry Seeks More Changes to CFPB Complaint Portal

March 9, 2026
Shannon Clark
The Mortgage Bankers Association said the CFPB consumer database should not act as an alternative to leaving reviews on Google, Yelp or the Better Business Bureau.
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