The New York Department of Financial Services adopted a new regulation to implement a 2021 law extending the state’s Community Reinvestment Act requirements to nonbanks.

A handful of states have established requirements for interest payments on funds held in mortgage escrow accounts.

The bureau was said to have been planning to move its enforcement actions to the DOJ in preparation for a potential lapse in funding.

The bureau submitted to Judge Amy Berman Jackson’s decision finding that a lapse in appropriations would violate a preliminary injunction and directing the Trump administration to fund the CFPB.

A November plan to transfer the bureau’s active enforcement actions to the Department of Justice appears to no longer be in the works, according to an industry attorney.

The mortgage lender had sought to settle allegations of gender discrimination and sexual harassment through arbitration.

The move clarifies that the Equal Credit Opportunity Act doesn’t prohibit lenders’ consideration of immigration status when evaluating credit applications.

In CFPB’s first semi-annual report released under the Trump administration, Acting Director Russell Vought included comments throughout the report disapproving of prior agency actions.

The lender urged the court to dismiss charges under the Real Estate Settlement Procedures Act and state consumer protection laws in a 2024 class-action lawsuit.

Earned wage access products are no longer subject to the Truth in Lending Act’s requirements, if they meet certain terms laid out in the bureau’s new advisory opinion.