A request for information is expected from the bureau as early as the end of this month.

According to industry attorneys, the updated rule signals that the CFPB will “increasingly encourage, and perhaps pressure, nonbanks to consent to be supervised.”

Mark McArdle, assistant director of mortgage markets at the CFPB, discussed some of the bureau’s top priorities during a recent webinar.

Measures to protect consumers from violations of FDCPA and FCRA involving medical and rent collections are underway.

Republicans and Democrats remain divided over whether the CFPB’s current spending and funding are constitutional.

Changes to the state’s Community Reinvestment Act would further protect against discriminatory appraisals, according to the CFPB.

The two jurisdictions are continuing their partnership to share information about consumer financial protection issues and regulations.

Judge in credit card lawsuit can continue; Republicans warn the bureau against rulemaking to limit arbitration; California tech school banned from lending.

Industry trade groups in a joint amicus brief argued that credit furnishers don’t need to investigate legal disputes under FCRA.

The use of discount points to lower mortgage rates has jumped in recent years as interest rates continued to climb. But the benefit of the points for the borrower is unclear, the CFPB said in a report.