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Inside the CFPB
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New York Proposes Sweeping Regulations of BNPL Products

March 9, 2026
Shannon Clark
If enacted as proposed, the rule would impose substantial regulatory requirements onto buy now, pay later providers.
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OCC Ends Collection of Some Fair Housing Data

March 9, 2026
Shannon Clark
The regulator said the Fair Housing Home Loan Data System regulation was obsolete and largely duplicative of and inconsistent with other data collection regimes.
Read More

Fair Lending Enforcement Reduces Mortgage Discrimination

March 9, 2026
Shannon Clark
A paper published by the Federal Reserve found that legal action in fair lending reduced disparities in mortgage application denials and originations between white and Black borrowers.
Read More

Other News in Brief

March 9, 2026
Shannon Clark
The CFPB will receive $134 million from CashCall after Supreme Court declines to take up the lender’s petition; bill moves forward in House that would remove the CFPB director’s voting ability on the FDIC board; NYC adopts new debt collection consumer protections.
Read More

Consumer Relief Tied to CFPB Complaints Declines

February 23, 2026
Shannon Clark
As of November, only 5% of consumer gripes filed with the CFPB were closed with relief, according to Sen. Elizabeth Warren, D-MA.
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DOJ Reaches $68 Million Settlement With Colony Ridge

February 23, 2026
Shannon Clark
The settlement, which didn’t include a civil money penalty or restitution, appeared to reflect the DOJ’s realigned view that Colony Ridge provided a haven for illegal immigrants. The CFPB, which originally filed the complaint with the DOJ, dismissed its claims against Colony Ridge.
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Class-Action Against Navy Federal Revived by Court

February 23, 2026
Shannon Clark
An appeals court ruled that a lower court denied class allegations in a lawsuit against Navy Federal Credit Union too early on in the case.
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Consumer Advocates Criticize HUD Discriminatory Effects Proposal

February 23, 2026
Shannon Clark
Consumer advocates called on HUD to withdraw the proposal, noting that if finalized, it would undermine the agency’s enforcement of the Fair Housing Act’s protections against unlawful discrimination.
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CFPB Undergoes Major Financial Changes in FY25

February 23, 2026
Shannon Clark
Auditors gave the CFPB’s 2025 financial statements a “clean” opinion even though the bureau reported significant financial changes under new leadership.
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White House Claims CFPB Cost Consumers Up to $369 Billion

February 23, 2026
Shannon Clark
The White House Council of Economic Advisers determined that since 2011, the CFPB’s regulatory burden has cost consumers between $237 billion and $369 billion. A CFPB booster disputes the analysis.
Read More
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