John Czwartacki, senior advisor to Mulvaney, said the email from former payday lending executive Janet Lewis Matricciani was “unsolicited.”

In direct rebuke to Richard Cordray’s interpretation, the court held that a reasonable payment is bona fide regardless of whether a referral was also involved in the transaction.

Invitation Homes, the nation’s largest single-family rental operator, lost $46.0 million in the fourth quarter...

The agency will issue seven more RFIs in the coming weeks on such topics as complaint reporting and inherited rules.