Amid litigation and disagreements among industry participants over the Section 1033 open banking rule, the CFPB said it will soon issue a revised version of the rule.

The proposed FDIC Board Accountability Act would strip the CFPB director’s voting rights on the Federal Deposit Insurance Corp. board.

The court found that ESSA Bank & Trust hasn’t substantially complied with the DOJ’s 2023 consent decree, contrary to assertions by the Trump administration.

The trade group said aligning data elements of two mortgage forms would give state regulators more access to information for monitoring company performance, conducting exams and identifying emerging risks.

The lawsuit calls on a district court to require the CFPB to begin collecting and publishing small business lending data.

A New York appeals court will consider a case involving the constitutionality of the state’s Foreclosure Abuse Prevention Act; Academy Mortgage settles sexual harassment charge; Republicans revisit limiting the CFPB’s reach on insurance.

Lenders in the mortgage industry are grappling with legal and regulatory requirements as they embrace artificial intelligence to enhance their operations.

A court sided with junior bondholders, directing the trustee of certain legacy non-agency MBS to treat loss recoveries as subsequent recoveries.

A district court ordered HUD to develop a plan to disburse Fair Housing Initiatives Program grants before the funding lapses on Sept. 30.

The bill would shift the CFPB director from a voting member of the FDIC's board to a non-voting observer.