At a recent House hearing, Republicans and Democrats were divided on the CFPB’s proposed rule to extend its supervisory authority to large technology companies in the digital payment space.

The CFPB is seeking more information about the factors affecting consumers when deciding to utilize the agency’s complaint process.

The bureau is calling on NY state leaders to consider adding more restrictions within state legislation to protect consumers from unfair, deceptive or abusive acts and practices.

Chopra reiterates concerns about the Appraisal Foundation; nonprofits, fintechs support 1033 proposal: Senate Democrats push CFPB on medical debt.

The CFPB is looking into closing costs associated with mortgage originations. The move is facing pushback from the MBA.

The Cantero v. BofA mortgage-escrow case, which has major ramifications for federal preemption of state laws, could swing either way, depending on how three justices rule.

The CFPB is looking to stop attempts by servicers to tack on convenience fees for payments made online or by phone. Meanwhile, trade groups are advocating for federal preemption in a Supreme Court case.

At the first NMLS ombudsman meeting of the year, the MBA raised concerns regarding state regulation of nonbank mortgage companies.

The CFPB last month issued its first contested supervisory designation order against a nonbank. The bureau said other companies that had received notices consented to supervision.

Large credit card issuers’ late fees will be capped at $8 in a few months following a new rule from the CFPB. Industry groups have filed a lawsuit to stop implementation of the rule.