The new Section 1071 proposal would raise the covered loan origination threshold and exclude certain loans from coverage.

The online real estate marketplace is accused of providing incentives to affiliated real estate agents to “steer” homebuyers toward mortgages from Zillow Home Loans.

California and Washington issued separate consent orders involving alleged violations of mortgage and consumer protection laws.

Financial entities dealing with mortgage complaints often must deal with higher risks and challenges due to the breadth of the mortgage industry, according to an industry compliance expert.

The Mortgage Bankers Association and a local trade group said imposing Community Reinvestment Act requirements on nonbanks isn’t the way to address the barriers to homeownership.

CSBS staff to assist implementation of MCR Version 7; CSBS declines extending MCR V7 implementation; federal bankruptcy court revises mortgage rule; federal court declines appeal of CFPB judgment.

JPMorgan Chase, Citi and Morgan Stanley are among the banks whose client data may have been exposed.

The CFPB is seeking to make changes to disparate impact and special purpose credit programs. The regulator also notified a federal court that it will run out of funding in early 2026.

The nomination of Stuart Levenbach helps keep Russell Vought as the acting director of the CFPB.

The Structured Finance Association applauded the senators' efforts.