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.

While innovation and regulation are often thought of as in tension, industry participants suggest that with artificial intelligence, the two factors can work together.

The CFPB criticized former bureau Director Rohit Chopra’s work in its annual performance report for fiscal year 2024.