The loan officers are accused of defrauding banks and the nonbank lender they worked for by falsifying borrowers’ occupancy status on mortgage applications.

Texas district court ordered to make quick ruling in CFPB credit card late fee lawsuit; the American Bankers Association pushes back on CFPB report targeting fees associated with health savings accounts; former Nutter Home Loans executive launches regulatory management firm.

A request for information is expected from the bureau as early as the end of this month.

According to industry attorneys, the updated rule signals that the CFPB will “increasingly encourage, and perhaps pressure, nonbanks to consent to be supervised.”

Mark McArdle, assistant director of mortgage markets at the CFPB, discussed some of the bureau’s top priorities during a recent webinar.

Measures to protect consumers from violations of FDCPA and FCRA involving medical and rent collections are underway.

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.