Consumer complaints across major categories saw double-digit declines in the fourth quarter, according to a new analysis by Inside the CFPB. [Includes one data chart.]

CFPB Receives Funding for Second Quarter of Fiscal 2019; CFPB Issues 2018 Annual Employee Survey; Mortgage Servicing Rules Apply to Servicers Only: Court Ruling.

In a New Year’s message, Director Kathy Kraninger said the CFPB will “vigorously enforce the law” and encourage market innovation.

The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…

Under RESPA, servicers are generally required to consider borrowers for loss mitigation if the servicer receives a loss mitigation application at least 37 days before a scheduled foreclosure sale.

The odds of GSE “recap and release” becoming a reality just went down…

We’re just 11 days into the new year and already things are getting interesting in the mortgage industry...

With Michael Bright's departure, GSE "recap and release" just got hurt...

The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...

Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.