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Consumer Financial Protection Bureau

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Inside the Trump administration’s plans to gut the CFPB

April 21, 2025 by bp56691
Inside the Trump administration’s plans to gut the CFPB
HousingWire has obtained details of the planned mass layoff at the CFPB, which would see some divisions shrink dramatically or cease to exist.
Categories CFPB, Consumer Financial Protection Bureau, HWmember, LendingLife, Mortgage, Mortgage and Housing Layoffs, Regulatory, Trump Administration

CFPB freezes nonbank registry rule after industry pushback

April 11, 2025 by bp56691
The CFPB is rescinding a rule that required nonbank financial services providers to register with a new federal database.
Categories CFPB, Community Home Lenders of America, Consumer Financial Protection Bureau, HWmember, Mortgage, Mortgage Bankers Association, Regulatory

Over 400K mortgages may be underinsured for flood risk: CFPB

January 13, 2025 by bp56691
The CFPB found that hundreds of thousands of mortgaged properties in the southeast and central southwest alone may be underinsured.
Categories Consumer Financial Protection Bureau, FEMA, Flood, Flood insurance, Mortgage, National Flood Insurance Program, Real Estate

CFPB sues Rocket, The Jason Mitchell Group over RESPA violations

December 23, 2024 by bp56691
The CFPB is accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies.
Categories Amrock, Consumer Financial Protection Bureau, Jason Mitchell Group, LendingLife, Mortgage, Origination, Real Estate Settlement Procedures Act, Regulatory, Rocket Mortgage

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