A trade group representing residential Property Assessed Clean Energy financial providers filed a lawsuit against the final rule, which is set to take effect in early 2026.
A ruling by a district court on a cybersecurity incident at Lakeview Loan Servicing could create challenges for other financial entities under the work-product doctrine.
Cases in which the bureau is seeking to terminate its consent order early or has sought to vacate are tied to Wise US, Toyota Motor Credit Corp., Townstone Financial and Trustmark National Bank.
The 2023 disparate-impact standard doesn’t align with the policy of the Trump administration and should be replaced by a 2020 version, the trade group said.
A 65-year-old senior accountant at CCM was told that the lender was shifting to a new business model and her job was being eliminated. However, the employee claimed she was fired due to her age.
The ABA and state regulators have opposing positions regarding federal preemption of state laws. The Trump administration is considering the views amid an effort to reduce regulatory burdens.