Trump fires CFPB Director Rohit Chopra
President Trump fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB) on Saturday
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Senate banking chairman says CFPB changes could come ‘soon’
As Joe Biden’s CFPB director remains in his post, a key congressional ally of Donald Trump said changes at the agency could be imminent.
CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages
The CFPB compared elements of home equity contract products to reverse mortgages, and said they are residential mortgage loans in an amicus brief.
CFPB received fewer reverse mortgage complaints in 2024
The share of reverse mortgage complaints to the CFPB last year accounted for roughly 1.4% of the total number of mortgage complaints submitted to the bureau.
Trump’s executive orders and the policies that could affect housing
What are President Trump’s priorities for housing in his second term? We look at his Day 1 executive orders and other actions for the answer.
New CFPB report looks at reverse mortgage activity in 2023
A new CFPB report based on 2023 HMDA data assesses the reverse mortgage industry landscape that year, and the shifts at the top of the industry.
The trigger lead bill looks in doubt post-election
The post-election landscape has complicated the mortgage industry’s efforts to pass a trigger lead bill. Backup plans are being formulated.