The findings published in the CFPB’s latest supervisory highlights report are largely in line with previous bureau actions.

FTA sues CFPB over BNPL interpretive rule; DOJ reaches first redlining settlement with a credit union; CFPB files lawsuit against student loan provider; regulators update nonbank ransomware self-assessment tool.

The SEC alleged Macquarie Investment Management Business Trust’s valuation practices for collateralized mortgage obligations violated the Investment Advisors Act and the Investment Company Act.

Citadel Federal Credit Union said the alleged redlining was an inadvertent outcome from its push into digital services.

The settlement between Franklin Credit Management and the Massachusetts attorney general will require the servicer to cease collecting or attempting to collect on “zombie” second liens in the state.

Fairway Independent Mortgage denied the allegations and said it determined the settlement was “the most appropriate solution.”

While impairments initially rise following a hurricane, borrowers with loans in ABS typically get back on track, according to dv01.

“Without an increase in NMLS processing fees, CSBS staff projected losses of nearly $133 million over the next decade,” CSBS said in a report in response to feedback received on the proposal.

Lenders alter practices to reduce risks associated with lending to unmapped flood risk areas, according to researchers at the New York Fed.

The CFPB is looking into whether it’s necessary to recertify a borrower’s ability to repay a rate-term refi as the borrower will be receiving a lower interest rate and mortgage payment and has already proven through a standard mortgage their ability to pay their loan.