The U.S. Senate has approved the former FTC Chairman to assume the role of Bureau chief from Acting Director Dave Uejio.
Read More »Complaints About Loan Originations Rise by Nearly 50%
A new analysis by the CFPB has found that complaints from wealthier communities were more frequently about loan origination and performing servicing over the course of 2020.
Read More »Refis Propelled 2020 Surge in Originations
An analysis of HMDA data by the CFPB has found that closed-end originations increased in 2020 by 65.2%, with much of that spike due attributed to the refinance boom.
Read More »An Uphill Journey
Halfway into 2021, lenders face new regulations, a new administration, and other major changes.
Read More »CFPB Shields At-Risk Homeowners From Foreclosure Moratoria Expiration
In order to protect millions of at-risk homeowners from foreclosure actions, the CFPB has issued a new set of rules to ensure a smooth transition as they exit forbearance plans.
Read More »White House Continues Shakeup of Housing Regulators
President Biden continues to strengthen housing's regulators, nominating Julia Gordon and Dave Uejio for HUD leadership roles.
Read More »Agencies Asked to Prolong Pandemic Homeowner Protections
Rep. Maxine Waters issues letter requesting extended foreclosure protections as moratoria are set to expire.
Read More »CFPB Braces for Mass Forbearance Exodus
With nearly 2.5 million homeowners in forbearance plans set to expire, the CFPB has issued a proposal for mortgage servicers and borrowers to work together to avoid a potential mounting number of foreclosures.
Read More »CFPB Issues Updated COVID-Related Guidance
The CFPB has canceled seven policy statements issued last year to protect consumers facing difficulties posed by the pandemic.
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