UWM returned to a positive net income during the first quarter of 2024.

Credit reporting issues took the top spot for consumer complaints submitted in the first quarter.

States that have adopted the new standards effectively cover 98% of the nonbank servicing market by loan count.

Consumer complaints submitted to the CFPB rose sharply in the first quarter of 2024, driven by issues with credit reports. (Includes two data tables.)

The CFPB’s latest push on mortgage servicing fees could be the start of more to come, according to industry attorneys.

New standards for nonbank mortgage servicers will go into effect in Iowa on July 1. While only a handful of states have adopted the CSBS model standards, substantially all large nonbank servicers are covered.

Temporary foreclosure delays instituted by the CFPB during the pandemic helped both borrowers and the economy, according to a new paper presented at a CFPB conference last week.

The bureau is providing guidance on ways small banks can increase their presence in the credit card industry.

The student loan servicer is expecting to take losses from a 2017 CFPB lawsuit.

The loan officers are accused of defrauding banks and the nonbank lender they worked for by falsifying borrowers’ occupancy status on mortgage applications.