The lawsuit claims the CFPB’s ECOA final rule will lead to more credit discrimination and violates the Administrative Procedure Act because the bureau ignored comments criticizing the proposal.
The state regulator will be the first to use the Mortgage Compliance Dataset for residential mortgage origination examinations. The MCD offers a uniform format for state and federal regulatory data exchange.
The bureau’s information security program received a low rating from its OIG, with the watchdog noting that decreased staffing levels at the CFPB have impacted the bureau’s ability to complete key activities.
The New York Office of the Attorney General found that a group of debt buyers filed more than 100 foreclosure lawsuits in an attempt to collect on long-defaulted second mortgages.
The CFPB drops its return-to-office mandate; ABA sends Section 1071 FAQs to CFPB; Michigan regulator fines servicer over violations tied to escrow accounts.