The CFPB under the leadership of Director Kathy Kraninger filed its first amicus brief, weighing in on issues related to the one-year statute of limitations under the Fair Debt Collection Practices Act.
HUD has offered a job to Eric Blankenstein, a former CFPB official who stirred controversy over his racism-tinged blog posting more than a decade ago. Democrats are concerned about the impact his appointment will have.
The CFPB extended the comment period by three months on its advanced notice of proposed rule-making regarding whether to revise additional HMDA data points added under its 2015 rule.
Mortgage servicers said there was no decrease in state examinations of fair servicing and, in fact, states' new focus is on the disparate-impact theory.
Mortgage technology company Blend this week raised $130 million in a new round of funding. The company said going public is a “possibility” in the future.