https://www.insidemortgagefinance.com/rss en-us sclark@imfpubs.com The lawsuit filed by consumer advocacy groups contended that the new ECOA rule is a drastic turn from decades of interpretation and enforcement of the statute. http://www.insidemortgagefinance.com/articles/237606 Mon, 01 Jun 2026 11:20:12 -0400 https://www.insidemortgagefinance.com/articles/237606-cfpb-hit-with-lawsuit-over-ecoa-rulemaking sclark@imfpubs.com Illinois-based X-PERT Mortgage and its president had their mortgage licenses taken away by the state for allegedly hiring an unlicensed loan officer. http://www.insidemortgagefinance.com/articles/237580 Mon, 01 Jun 2026 11:05:00 -0400 https://www.insidemortgagefinance.com/articles/237580-illinois-pulls-lending-licenses-over-fraud-issues sclark@imfpubs.com The lawsuit alleged that Rocket funneled leads to real estate agents who in turn steered clients to Rocket Mortgage. Plaintiffs also alleged that Rocket acquired Redfin to bring its steering practices “in house.” http://www.insidemortgagefinance.com/articles/237590 Mon, 01 Jun 2026 11:04:00 -0400 https://www.insidemortgagefinance.com/articles/237590-rocket-presses-court-to-dismiss-respa-lawsuit sclark@imfpubs.com Pending changes to disparate-impact liability enforcement will have a big effect on some industries, such as indirect auto finance, but the mortgage industry will likely be spared. http://www.insidemortgagefinance.com/articles/237594 Mon, 01 Jun 2026 11:02:00 -0400 https://www.insidemortgagefinance.com/articles/237594-cfpb-ecoa-rule-to-make-widespread-impact sclark@imfpubs.com While alternative data can be used as a tool to expand credit access to unscored consumers, some industry experts cautioned lenders about turning away from the traditional credit reporting ecosystem. http://www.insidemortgagefinance.com/articles/237610 Mon, 01 Jun 2026 11:01:00 -0400 https://www.insidemortgagefinance.com/articles/237610-industry sclark@imfpubs.com HMDA compliance AI tool launched; law firm offers mortgage AI audit practice; federal court approves $110 million settlement involving Wells Fargo; NYDFS reinforces disparate-impact liability. http://www.insidemortgagefinance.com/articles/237607 Mon, 01 Jun 2026 11:00:00 -0400 https://www.insidemortgagefinance.com/articles/237607-other-news-in-brief sclark@imfpubs.com Denial rates for most mortgage products declined on an annual basis in 2025, though denials of applications for purchase mortgages via FHA and USDA increased slightly. (Includes data table.) http://www.insidemortgagefinance.com/articles/237562 Fri, 29 May 2026 11:16:13 -0400 https://www.insidemortgagefinance.com/articles/237562-fha-usda-purchase-denials-increase-in-2025 sclark@imfpubs.com Matt Tully, chief compliance and customer success officer at Sagent, said the mortgage industry wants Reg. X updates to reflect experiences over the last decade. http://www.insidemortgagefinance.com/articles/237620 Fri, 29 May 2026 11:08:15 -0400 https://www.insidemortgagefinance.com/articles/237620-cfpb-pushed-to-prioritize-updates-to-reg-x sclark@imfpubs.com The former director of the CFPB will lead California’s new Business and Consumer Services Agency, which will launch July 1. http://www.insidemortgagefinance.com/articles/237480 Mon, 18 May 2026 16:00:37 -0400 https://www.insidemortgagefinance.com/articles/237480-chopra-tapped-to-lead-new-california-agency sclark@imfpubs.com Credit history was cited less by lenders last year as a reason for denying an application for a refinance, while debt-to-income ratio persisted as the top reason for rejecting applications for a purchase mortgage. (Includes data table.) http://www.insidemortgagefinance.com/articles/237469 Mon, 18 May 2026 15:30:39 -0400 https://www.insidemortgagefinance.com/articles/237469-credit-history-denials-decrease-in-2025 sclark@imfpubs.com Members of a CFPB task force established during the first Trump administration are asking the bureau to consider implementing several of their recommendations tied to closing costs, internal reorganization and the bureau’s overall structure. http://www.insidemortgagefinance.com/articles/237508 Mon, 18 May 2026 15:25:41 -0400 https://www.insidemortgagefinance.com/articles/237508-cfpb-pressed-to-implement-taskforce-recommendations sclark@imfpubs.com The changes are part of the Conference of State Bank Supervisors’ ongoing efforts to improve the NMLS user experience and respond to user feedback. http://www.insidemortgagefinance.com/articles/237450 Mon, 18 May 2026 15:24:43 -0400 https://www.insidemortgagefinance.com/articles/237450-csbs-makes-major-updates-to-nmls sclark@imfpubs.com The Washington Supreme Court has issued a ruling restricting lenders’ ability to complete non-judicial foreclosures on HELOCs. http://www.insidemortgagefinance.com/articles/237490 Mon, 18 May 2026 15:22:44 -0400 https://www.insidemortgagefinance.com/articles/237490-washington-supreme-court-limits-lenders-foreclosure-proceedings sclark@imfpubs.com The CFPB said certain questions concerning barrier analysis, special emphasis programs and workforce demographics were contrary to President Trump’s executive orders. http://www.insidemortgagefinance.com/articles/237452 Mon, 18 May 2026 15:21:47 -0400 https://www.insidemortgagefinance.com/articles/237452-cfpb bivey@imfpubs.com Trump accounts were established by the One Big Beautiful Bill Act in 2025, and are set to launch this year. The accounts have tax benefits for children, and include a $1,000 contribution from the federal government for kids born between 2025 and 2028. http://www.insidemortgagefinance.com/articles/237509 Mon, 18 May 2026 15:20:49 -0400 https://www.insidemortgagefinance.com/articles/237509-cfpb-to-promote-trump-accounts-in-education-effort sclark@imfpubs.com CFPB appeals its funding argument to the Ninth Circuit; CFPB leadership planning to direct staff to return to office; Senate Republicans block efforts by Democrats to roll back some of the Trump administration’s CFPB changes. http://www.insidemortgagefinance.com/articles/237491 Mon, 18 May 2026 15:19:51 -0400 https://www.insidemortgagefinance.com/articles/237491-other-news-in-brief sclark@imfpubs.com Consumer complaints filed with the CFPB increased across all categories during the first quarter. Issues with student loans were up 34.1% from the fourth quarter. (Includes two data tables.) http://www.insidemortgagefinance.com/articles/237373 Mon, 04 May 2026 15:13:28 -0400 https://www.insidemortgagefinance.com/articles/237373-student-loan-complaints-to-cfpb-spike-in-1q sclark@imfpubs.com 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. http://www.insidemortgagefinance.com/articles/237320 Mon, 04 May 2026 15:10:43 -0400 https://www.insidemortgagefinance.com/articles/237320-trump-administration-offers-new-rif sclark@imfpubs.com 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. http://www.insidemortgagefinance.com/articles/237340 Mon, 04 May 2026 15:09:31 -0400 https://www.insidemortgagefinance.com/articles/237340-fair-lending-still-alive-under-cfpb-ecoa-rule sclark@imfpubs.com The final rule raises loan origination thresholds and excludes certain financial entities from its reporting requirements. Compliance with the rule will begin in 2028. http://www.insidemortgagefinance.com/articles/237364 Mon, 04 May 2026 15:08:14 -0400 https://www.insidemortgagefinance.com/articles/237364-cfpb-release-narrowed-section-1071-final-rule sclark@imfpubs.com Both industry trade groups and consumer advocacy groups have called on the bureau to reconsider certain aspects of its draft strategic plan. http://www.insidemortgagefinance.com/articles/237335 Mon, 04 May 2026 15:07:38 -0400 https://www.insidemortgagefinance.com/articles/237335-industry-worried-about-cfpb-draft-strategic-plan sclark@imfpubs.com The bill would require consumers to attest “under penalty of perjury” that their submitted complaints to the CFPB are true. http://www.insidemortgagefinance.com/articles/237354 Mon, 04 May 2026 15:06:40 -0400 https://www.insidemortgagefinance.com/articles/237354-house-bill-seeks sclark@imfpubs.com 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. http://www.insidemortgagefinance.com/articles/237371 Mon, 04 May 2026 15:04:29 -0400 https://www.insidemortgagefinance.com/articles/237371-trump sclark@imfpubs.com House moves bill with Section 1071 exemptions forward; MBA, AARMR launch AI survey; Enova’s bank application faces opposition. http://www.insidemortgagefinance.com/articles/237374 Mon, 04 May 2026 15:03:46 -0400 https://www.insidemortgagefinance.com/articles/237374-other-news-in-brief sclark@imfpubs.com The National Treasury Employees Union said the DC District Court should take up the review of the Trump administration’s revised layoff plan for the CFPB. However, the union said it opposes the administration’s 45-day timeline for the review. http://www.insidemortgagefinance.com/articles/237251 Mon, 20 Apr 2026 15:35:17 -0400 https://www.insidemortgagefinance.com/articles/237251-nteu-urges-court-to-deny-expedited-review-of-new-cfpb-rif-plan sclark@imfpubs.com With the Trump administration working under CRA requirements set in 1995, fair housing advocates asked states to step up and implement their own CRA laws. http://www.insidemortgagefinance.com/articles/237230 Mon, 20 Apr 2026 15:30:19 -0400 https://www.insidemortgagefinance.com/articles/237230-states-asked-to-hone-in-on-cra-implementation sclark@imfpubs.com As part of its ongoing “deregulatory agenda,” the CFPB said it is focused on reconsidering the Section 1071 and Section 1033 final rules and potentially pursuing a rulemaking under ECOA. http://www.insidemortgagefinance.com/articles/237191 Mon, 20 Apr 2026 15:29:20 -0400 https://www.insidemortgagefinance.com/articles/237191-cfpb-releases-spring-2025-report-to-congress sclark@imfpubs.com Adam Rust, director of financial services at the Consumer Federation of America, asked consumer advocates to continue fighting for fairness in the financial services industry. http://www.insidemortgagefinance.com/articles/237245 Mon, 20 Apr 2026 15:28:24 -0400 https://www.insidemortgagefinance.com/articles/237245-lean-in sclark@imfpubs.com A California district court upheld a plaintiff’s California Consumer Privacy Act claim against PHH Mortgage for sharing his personal information without his consent. http://www.insidemortgagefinance.com/articles/237226 Mon, 20 Apr 2026 15:27:25 -0400 https://www.insidemortgagefinance.com/articles/237226-district-court-ruling-could-signal-more-ccpa-litigation sclark@imfpubs.com Industry trade groups representing banks asked the CFPB to reduce burdens associated with a survey tracking terms of credit card plans. http://www.insidemortgagefinance.com/articles/237213 Mon, 20 Apr 2026 15:26:26 -0400 https://www.insidemortgagefinance.com/articles/237213-banks-push-cfpb-to-revise-credit-card-survey