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CFPB

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Two CFPB critics appointed to leadership roles at the bureau

February 19, 2025 by bp56691
The newest leaders of the CFPB might not be planning long-term employment. Jeffrey Clark was appointed senior advisor to Chief Legal Officer Mark Paoletta.
Categories CFPB, Donald Trump, HWmember, Politics, Regulatory, Trump Administration

Judge blocks CFPB firings amid Treasury labor union lawsuit

February 15, 2025 by bp56691
A federal judge temporarily blocked the mass firing of CFPB employees on Friday as part of a lawsuit filed by federal employee trade unions.
Categories CFPB, Donald Trump, HWmember, Lawsuit, Politics

Win some, lose some: Appraisers wrestle with the CFPB’s dismantling

February 15, 2025 by bp56691
Win some, lose some: Appraisers wrestle with the CFPB’s dismantling
Appraisers have mixed feelings about the status of the Consumer Financial Protection Bureau. They welcome the end of the PAVE Task Force, but a potential closure means the agency won’t issue final rules in a fight against appraisal management companies.
Categories AMCs, Appraisals, Appraisals and Valuations, CFPB, HWmember, Regulatory, Trump Administration

HUD to cut 50% of its workforce in latest Trump purge

February 14, 2025 by bp56691
HUD will cut employees in the offices that enforce civil rights laws, compile data and pay to rebuild communities after disasters.
Categories CFPB, Housing Market, HUD, Politics, Regulatory, Scott Turner

Legal experts weigh in on the CFPB and the future of regulation

February 12, 2025 by bp56691
What will the CFPB look like under new director Jonathan McKernan? Legal experts weigh in on the federal and state regulatory environment.
Categories CFPB, Dodd-Frank, HUD, HWmember, Politics, Regulatory, Scott Bessent, Title

Trump names Jonathan McKernan director of gutted CFPB

February 12, 2025 by bp56691
Trump has nominated Jonathan McKernan, former board member of the FDIC and senior counsel of policy at FHFA, to be director of the CFPB.
Categories CFPB, FHFA, Politics, Regulatory, Scott Bessent

The CFPB may be frozen, but RESPA hasn’t gone away

February 10, 2025 by bp56691
Regulatory experts weigh in on what Russell Vought’s decision to shut off CFPB funding means for the enforcement of RESPA and UDAAP
Categories CFPB, HWmember, Real Estate, Real Estate Settlement Procedures Act, Regulatory, Regulatory Compliance, Trump Administration

Vought shuts down most of CFPB’s functions, cuts off funding

February 9, 2025 by bp56691
Russell Vought, the new acting director of the CFPB, is shutting down most of its functions and has cut off its funding.
Categories CFPB, Federal Reserve, HWmember, Mortgage, Regulatory

A timeline of what’s happening at the CFPB under Trump

February 8, 2025 by bp56691
President Trump’s shake-up of the CFPB continues. Here’s a timeline of everything that’s happened at the bureau since Trump’s inauguration.
Categories CFPB, Donald Trump, HWmember, Mortgage, Origination, Regulatory, Rohit Chopra

Project 2025 architect Russell Vought takes over CFPB

February 8, 2025 by bp56691
Russell Vought, an architect of Project 2025 and the current head of OMB, is the new acting head of the CFPB.
Categories CFPB, Elon Musk, HWmember, Mortgage, Regulatory, Rohit Chopra, Trump Administration
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