Financial entities who fail to comply with the Home Mortgage Disclosure Act’s requirements are at risk of enforcement actions by a future Democratic administration or at the state level.

The Mortgage Bankers Association has some concerns regarding the latest rollout of updates to the mortgage call report.

The Mortgage Bankers Association continues to push back against most state CRA legislation that would apply to nonbank mortgage companies.

The bureau had alleged that the California-based short-term loan company disguised fee payments as “tips” or “donations.”

Court pauses open banking rule; legislation to defund CFPB; NMLS processing fees increase; Republicans introduce resolution to overturn overdraft rule.

A federal appeals court last month backed United Wholesale Mortgage in a battle with an employee who claimed wrongful termination.

No explanation for the dismissals was provided in the court filings that announced the moves.

Work may have ceased temporarily at the CFPB while the regulator undergoes leadership changes, but lenders are advised that Home Mortgage Disclosure Act reporting requirements remain in effect.

The CFPB won't look the same, but also won't be eliminated, according to the DOJ.

Oversight standards are moving forward, despite the deregulatory bent of the Trump administration.