Reinstating a class action, Maryland’s Court of Appeals noted that the limitation placed on a lender from charging property inspection fees under the state’s usury law also applies to assignees of the mortgage.

Chopra’s CFPB appointment gets closer; John Coleman joins private sector; OCC officially proposes rescinding its 2020 CRA rule; CFPB releases filing instructions for 2022 HMDA data collections.

The bureau's debt collection rules will become effective on Nov. 30 as originally planned while the CFPB also indicated that mortgage loan debt collectors could receive guidance later this year.

As the coronavirus pandemic recedes, many state regulators are allowing long-term remote work flexibility.

Members of the House Financial Services Committee voiced different views on a proposal for a government-run credit reporting agency that would compete with the three big private players — Equifax, Experian and TransUnion.

According to industry attorneys, a delay in implementation may provide the bureau an opportunity to propose substantive changes to the rule.

The CFPB had charged the Oakland, CA-based online lender with various violations under the Military Lending Act.

After dropping sharply in March, new mortgage applications spiked while other consumer credits struggled to find their footing, according to new research from the CFPB.

The Federal Trade Commission voted 3-1-1 to fine Texas-based Ascension Data & Analytics for failure to ensure its vendor was adequately securing consumers’ personal data.

Consumer advocacy groups are hoping their recent lawsuits have set the stage for the Biden administration to overturn lax Trump-era rules.