The New Jersey-based bank was alleged to have restricted mortgage lending services and credit access to certain neighborhoods from 2018 through at least 2022.

Later this year, delinquency rates on commercial MBS could top levels seen during the pandemic, according to Moody’s.

While trade groups want the CFPB to update Regulation X’s mortgage servicing standards, a recent proposal from the CFPB received mixed reviews.

There's a back-and-forth happening between courts on where a challenge to a final rule from the CFPB on credit cards should be heard.

A new requirement to extend language access for home borrowers within the CFPB's proposal to update Regulation X's mortgage servicing requirements will actually do the opposite, according to a joint comment letter submitted on the proposal.

The CFPB claimed NewDay lured VA borrowers into cash-out refi mortgages by hiding the true costs of the loans. The lender agreed to a consent order without admitting any wrongdoing, adding that the “outcome highlights an environment of regulatory overreach.”

A Texas district court affirmed the CFPB has authority to issue the upcoming small-business lending data collection rule. The court, however, didn’t express an opinion on the wisdom of the rule.

Groups representing the farm credit industry claim the CFPB’s small-business lending data collection rule is invalid as it was developed by the bureau when it was receiving funds unconstitutionally.

The CFPB is once again seeking to change the venue of the lawsuit after two failed attempts sent the case back to a Texas district court.

The Ninth Circuit in a recent case didn’t abide by the U.S. Supreme Court directive that it apply a nuanced analysis of the Barnett decision when deciding whether the National Bank Act preempts a state law.