A federal appeals court remanded the case to a district court to first determine which counts of a CFPB complaint against Ocwen are barred by the 2014 consent judgment between the two parties.

Trade associations for banks and nonbank lenders, as well as consumer advocates, pressed for much more regulation of the emerging buy now, pay later sector.

The “discussion draft” from Rep. Maxine Waters, D-CA, seeks to establish a federal valuation agency, which would take over The Appraisal Foundation’s role in setting valuation standards and appraiser criteria.

CFPB sanctions Edfinancial; proposed rule on human trafficking and credit reporting; CFPB could play a role in digital U.S. dollars; FDIC seeks comments on bank mergers; FDIC supervisory highlights; bill would broaden CFPB’s small business oversight; medical debt; OMWI report; payday loans.

Only 4% of MBS and ABS assessed by Fitch received a positive rating impact from ESG factors. Meanwhile, S&P is set to expand its assessments in the ESG space.

Borrowers still in pandemic-related relief are likelier to have weaker financial capacity, be minorities and live in majority-minority tracts.

Look for a busy second quarter in terms of M&A sales...

Some stakeholders have gripes with how qualitative factors and examiner judgments are used...

Among other things, the bill would establish a federal database of appraisers and appraisal valuations, while strengthening penalties for discrimination...

The Bradley law firm said it’s noteworthy how the definition of unfair acts or practices has changed...