The Trump administration is seeking reinstatement of a preliminary injunction issued in April 2025, which allowed the CFPB to terminate employees but under certain circumstances.

The new standards for fair lending enforcement are set to take effect in July. Industry attorneys have warned that the changes to ECOA regulations don’t signal the end of fair lending risk for lenders.

The final rule raises loan origination thresholds and excludes certain financial entities from its reporting requirements. Compliance with the rule will begin in 2028.

Both industry trade groups and consumer advocacy groups have called on the bureau to reconsider certain aspects of its draft strategic plan.

The bill would require consumers to attest “under penalty of perjury” that their submitted complaints to the CFPB are true.

There will be detrimental consequences for borrowers and mortgage investors if the CFPB goes through with changes suggested by President Trump, according to a recent analysis.

House moves bill with Section 1071 exemptions forward; MBA, AARMR launch AI survey; Enova’s bank application faces opposition.

The warning came amid widespread adoption of artificial intelligence in the housing and mortgage industry.

The Second Circuit Court of Appeals altered some of its original findings in a lawsuit dealing with MBS liability under the Employee Retirement Income Security Act.

The trade group said a single-pull credit report is enough, if there are proper guardrails in place to prevent lenders and borrowers from “gaming the system.”