The court found that ESSA Bank & Trust hasn’t substantially complied with the DOJ’s 2023 consent decree, contrary to assertions by the Trump administration.
The trade group said aligning data elements of two mortgage forms would give state regulators more access to information for monitoring company performance, conducting exams and identifying emerging risks.
A New York appeals court will consider a case involving the constitutionality of the state’s Foreclosure Abuse Prevention Act; Academy Mortgage settles sexual harassment charge; Republicans revisit limiting the CFPB’s reach on insurance.
Most of the complaint categories saw small moves during the second quarter, but consumer discontent regarding credit reporting stood out. (Includes two data tables.)
The federal banking agencies believe returning to the 1995 CRA regulation is the “the most effective” way to provide certainty regarding CRA requirements.