CFPB Acting Director Russell Vought has yet to request any funding for the CFPB in fiscal year 2026. His actions mimic those of a former bureau acting director.

The trade group called for clear federal guidance on existing laws to provide regulatory certainty and facilitate the adoption of artificial intelligence by the mortgage industry.

The bureau’s new interpretive rule could call into question the legality of state laws that aim to ban medical debt and other information from credit reports.

The bureau repealed some amendments over concerns that the process for deciding dispositive motions concentrated authority with the director of the bureau.

The Inspector General attributed the information security issues to the loss of contractor resources and departure of agency personnel.

CFPB ends TransUnion’s consent order early; federal court pauses compliance with Section 1033 rule; CSBS releases latest version of the Mortgage Call Report; MISMO is accepting comments on the Mortgage Compliance Dataset Version 2.0; court declines to pause CFPB’s PACE financing rulemaking.

The Trump administration argued that a majority panel of the court correctly concluded the National Treasury Employees Union cannot bring an Administrative Procedure Act claim challenging an “entirely nonbinding” purported decision to close the CFPB.

Consumer grievances received by the CFPB increased across three of the four major complaint categories during the third quarter of 2025.

Contrary to the Trump administration’s statements in court, CFPB Acting Director Russell Vought said the bureau will be shut down within the next two to three months.

The Mortgage Bankers Association is concerned that New York’s Community Reinvestment Act plans will place restrictive limits on CRA credit for purchased loans.