The CFPB now estimates that only 5.8% of the U.S. adult population in 2010 was without a credit record — a decrease from an 11.0% estimate published by the bureau in 2015.

Republicans on a House subcommittee pointed to the CFPB’s “aggressive” use of civil investigative demands as an example of overreach by the regulator under the leadership of Rohit Chopra.

The bureau urged the court to convert the bankruptcy case’s filing to allow the regulator to investigate whether Synapse Financial Technologies violated the CFPA, and provide redress to harmed consumers.

In fiscal year 2024, sex, race and age were the most frequently cited bases of discrimination among equal employment opportunity complaints received by the bureau.

CFPB issues new policy statement on criminal regulatory offenses; CFPB ends consent order with Navy Federal Credit Union; California’s licensing fees set to increase.

Robinhood's Tenev said the interest rate on a 30-year fixed-rate mortgage could be 6.11% for Gold members.

The stock trading app has partnered with Sage Home Loans to offer discounted mortgage rates and benefits to Robinhood Gold annual subscribers.

The trade association also offered several recommendations the CFPB should take up to provide some "flexibility" within the rule.

The founders of the Brody Gapp law firm have mortgage-industry backgrounds.

Federal and state regulators are eyeing third-party loan arrangements, with implications for ABS.