The CFPB’s proposed rule for an online registry of nonbanks underestimates the burden for institutions and overstates its value to the public and enforcement agencies, mortgage trade groups said in comments.

CFPB expands credit card survey; debt collector ordered to pay $24 million; CFPB says TILA doesn’t preempt state disclosure laws; ICBA requests CFPB approve proposed construction loan disclosure template; SCOTUS requests DOJ input on mortgage escrow interest laws.

In a special edition supervisory highlights report, the CFPB revealed old and new ways in which mortgage servicers are attempting to collect unlawful fees from borrowers.

Regulation X loss-mitigation requirements are too burdensome and should be streamlined, the Mortgage Bankers Association said in a recent white paper.

The CFPB said it expects servicers to proactively identify student loans that are discharged via standard bankruptcy orders.

The bureau is seeking data on the auto lenders’ originations, servicing and repossessions dating back to 2018.

The Appraisal Foundation plans to revise ethics rule draft; CashCall faces $169 million in restitution and fines; companies not reporting credit card payment data; public benefits programs subject to fees; CFPB, FTC seek input on tenant background checks; DOJ redlining settlement.

Lenders looking to boost mortgage originations with marketing services agreements need to heed RESPA standards, according to compliance attorneys.

CFPB to collect rental market data, issue background check guidance; banking regulators won’t enforce against newly-covered HMDA reporters.

The procedures, updated for the first time since 2016, now include a way for examiners to review loss-mitigation efforts for disparate impact. They integrate questions on issues covered in recent guidance that may constitute unfair, deceptive or abusive acts or practices.