Population density, the type of lender and creditworthiness all appear to be factors affecting denial rate disparities between same-sex and opposite-sex couples applying for loans.
The bureau’s credit card late fee final rule is officially dead; CFPB plans to revoke advisory opinion reminding collectors of medical debt of their FDCPA obligations; CFPB ends a lawsuit against a company and its CEO; new working papers from the CFPB.
The Trump administration is prohibited from firing more than 1,400 employees at the consumer agency, for now. The next hearing on the case is set for April 29.
The new preliminary injunction allows for the Trump administration to fire CFPB employees and issue a reduction-in-force to employees, as long as the administration abides by certain provisions.