A letter last week from Senate Republicans bolstered the Structured Finance Association’s push for banking regulators to reassess the punitive weighting of the p-factor in securitization as part of a planned re-proposal of the Basel Endgame rule.

Overall, fair housing complaints increased in 2024, though complaints tied to real estate sales and mortgage lending declined.

CEO Vishal Garg says Better continues to anticipate break-even by the end of the third quarter of 2026.

The bureau's information security program has regressed from fiscal 2024.

Foreclosure starts rose nearly 20%, while completed foreclosures were up 32% from last year.

The bureau said the amendments would facilitate compliance with ECOA by clarifying the obligations imposed by the statute.

The CFPB isn't planning on seeking funding from the Federal Reserve due to a technicality and the bureau is uncertain if Congress will provide appropriations when funding runs out in early 2026.

Several complaint categories saw significant increases on a quarter-to-quarter basis, while grievances tied to student loans dropped. (Includes two data tables.)

Cost and regulatory burdens were cited as reasons for rescinding a 2024 rule that would have required nonbanks to report if they had been penalized for violating consumer financial laws.

CFPB Acting Director Russell Vought has yet to request any funding for the CFPB in fiscal year 2026. His actions mimic those of a former bureau acting director.