Before submitting a complaint against a credit reporting agency about inaccurate or incomplete information, borrowers will have to first dispute the information directly with the credit or consumer reporting agency.

The NTEU argued that the Trump administration will eliminate the CFPB, and by the end of the case, it will be too late for the court to do anything about it. A hearing is set for Feb. 24.

The National Consumer Law Center said the proposals will reduce price transparency, create an unlevel playing field and will make homeownership more expensive for consumers.

CashCall wants the Supreme Court to weigh in whether the lender waived its right to a jury trial in its lawsuit with the CFPB.

The new rule codifies financial institutions’ existing obligations under the state antidiscrimination law.

President Trump wants Congress to enact a temporary 10% cap on credit card interest rates, while CFPB actions seem to be causing rates to go up.

Senate Democrats urge CFPB to rescind ECOA proposal; federal court denies trade group’s challenge to the PACE rule; 22 state AGs seek partial summary judgment in a lawsuit against the CFPB.

CSBS President Brandon Milhorn said the new data standard will help reduce mortgage lending compliance costs, giving companies the flexibility to make more loans.

New York will soon start evaluating nonbank mortgage lenders on how well they meet the credit needs of the communities that they serve.

America First Legal argued that Reg. C isn’t required under the Home Mortgage Disclosure Act and that it pressures mortgage lenders into making decisions based on borrowers’ demographic information.