A California law requiring interest to be paid on escrow account balances doesn’t “significantly interfere” with the powers of national banks, state regulators argue.

A potential slowdown of regulations and actions taken by the CFPB during the second Trump administration could alleviate regulatory pressure on financial service providers.

The Seattle-based bank attributed its decision to exit the mortgage business in part to burdensome CRA requirements. The bank received a “need to improve” CRA rating on its lending to low- and moderate-income borrowers. WaFd said it plans to appeal the rating.

A new report released by the bureau recommended several actions state regulators can take to “mirror” recent work done by the CFPB.

Two lawsuits and a new White House administration could delay the bureau’s plans to implement the final rule.

Regulators in some states controlled by Democrats are poised to increase their oversight of consumer protection laws as the CFPB’s focus is expected to shift under the incoming Trump administration.

The bureau’s fall regulatory agenda listed December as the date for issuing three final rules among several other items. None of the items has been issued so far.

The state’s proposal to establish Community Reinvestment Act requirements for nonbank mortgage lenders was met with opposition from the Mortgage Bankers Association.

RESPA compliance looks likely to remain a priority for the bureau during the Trump administration.

The rule mandated under the Economic Growth, Regulatory Relief and Consumer Protection Act received approval from groups representing mortgage lenders and consumer advocates. PACE lenders, meanwhile, have concerns.