Republicans and Democrats remain divided over whether the CFPB’s current spending and funding are constitutional.

Changes to the state’s Community Reinvestment Act would further protect against discriminatory appraisals, according to the CFPB.

The two jurisdictions are continuing their partnership to share information about consumer financial protection issues and regulations.

Judge in credit card lawsuit can continue; Republicans warn the bureau against rulemaking to limit arbitration; California tech school banned from lending.

The judge, who granted a preliminary injunction against the CRA overhaul, said there’s “substantial likelihood” that the plaintiffs in the lawsuit will ultimately win.

A recent Third Circuit ruling that asset-backed securities are “covered persons” subject to the CFPB’s authority under the Consumer Financial Protection Act could change the regulatory landscape for ABS.

Many mortgage brokers failed to satisfy a two-part test that determines whether compensation they received from a lender is permissible under the Real Estate Settlement Procedures Act.

As part of the settlement, loanDepot has agreed to undertake extensive appraisal policy changes. The lender also agreed to make payment of an undisclosed sum to the plaintiffs in the lawsuit.

The bureau plans to hire more technologists, issue policy guidance for law firms and provide research on emerging technologies in the coming months.

Trade groups representing depositories are urging the CFPB to drop a proposed rule that will curb overdraft fees charged by large banks.