The Third Circuit Court of Appeals recently ruled that student loan ABS trusts are subject to the CFPB’s authority.

The court said the CFPB has authority to issue the rule that will establish HMDA-like reporting standards for loans to small businesses.

Lenders are advised to make use of client reviews, referral programs and relationships with others in the financial sector.

A new rule is expected from the bureau in the coming months that will require businesses under the CFPB's jurisdiction to allow consumers to speak with a human service representative at the click of one button.

Two Harbors Investment Corp. executive is leaving for Granite Point Mortgage Trust.

MBA urged the CFPB to immediately provide written guidance on the matter, noting the final rule takes effect Sept. 16.

CFPB Director Chopra said contract-for-deed sales might sound like a path to homeownership for those who feel they have no options, but they have real risks.

As part of a White House initiative, the CFPB is launching a rulemaking to put a stop to customer service processes that waste consumers’ time and money.

The advisory opinion holds that contract-for-deed sellers must adhere to Truth in Lending Act requirements such as assessing buyers for repayment and providing borrowers with disclosures.

The final rule goes into effect Sept. 16, with the registration deadline for large nonbanks starting Oct. 16.