The industry was hoping the FHFA and the Treasury Department would roll back the restriction placed on the GSEs’ use of the qualified mortgage patch.

According to CFPB researchers, renters typically face more financial vulnerability than homeowners and hence had more to gain from some pandemic relief efforts than mortgagors.

Senate bill seeks to reward whistleblowers; CFPB examines complaints based on census tracts; new members appointed to CFPB advisory boards and councils.

Capitol Hill Republicans want CFPB Acting Director Dave Uejio to testify before Congress about the policy actions undertaken during his six-month tenure.

Supreme Court leaves CDC moratorium intact; compliance expert Oliver joins DFPI; FTC to send refund checks; Burlington agrees to settle charges; West Virginia addresses zombie properties.

The bureau also has dropped pursuit of two rulemakings under the Home Mortgage Disclosure Act. One concerns the data points lenders must report and another is related to the public disclosure of HMDA data.

Not only did it cause a loss of expertise, but it also led to a drop in enforcement actions by the consumer watchdog.

Rohit Chopra’s nomination is in a holding pattern. Meanwhile, the CFPB is losing two high-profile enforcement attorneys and the DFPI its commissioner.

Chopra, an FTC commissioner and former student-loan watchdog at the CFPB, has been nominated to lead the agency. Should mortgage bankers worry?

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