The judge said the court is “mindful that its order must be sufficiently specific to be enforceable..."

A large money-center bank recently agreed to pay north of six-times the servicing fee for a low-coupon MSR package.

A federal court judge this week extended a temporary order pausing mass layoffs at federal agencies, including at the CFPB and HUD, by five days.

Several consumer protection statutes provide borrowers a private right of action, including the Truth in Lending Act.

The lawsuit covers the Consumer Financial Protection Bureau and the Department of Housing and Urban Development, among other agencies.

The CFPB plans to dismiss its case against Townstone and reverse a settlement the parties reached last year.

Following a court ruling last week, the CFPB and HUD reinstated hundreds of probationary employees fired by the Trump administration. However, the employees were immediately placed on administrative leave.

Just before the vote, Sen. Elizabeth Warren, D-MA, released the CFPB nominee’s answers to a series of questions regarding the bureau. Warren said his responses were filled with “non-answers that regurgitated the agency’s obligations under the law.”

Several CFPB offices have been authorized to continue working, but the process has been filled with confusion between new bureau leadership and bureau employees.

The House Financial Services Committee voted 30-19 to pass a Congressional Review Act resolution to reverse a CFPB final rule that will limit overdraft fees charged by large banks and credit unions.