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The CFPB adopted amendments to Regulation Z (Truth in Lending) to provide certain insured depository institutions and credit unions with an exemption from establishing escrow accounts for higher-priced mortgage loans.

On July 27, 2022, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) announced that they reached a settlement with a nonbank residential mortgage lender to resolve...

The CFPB recently announced that it, along with the Comptroller of the Currency and Federal Reserve Board, issued a final rule that will maintain the current exemption threshold...

The CFPB on October 8, 2015 issued Compliance Bulletin 2015-05, RESPA Compliance and Marketing Services Agreements (Bulletin).

Bloomberg has reported that the U.S. Consumer Financial Protection Bureau, which was established by the 2010 Dodd-Frank Act, is considering whether to assert itself into the regulation of the consumer retirement investment business.

The CFPB is continuing its crusade against so called "junk fees," and now is looking at credit reporting fees. In a May 20 speech to the Mortgage Bankers Association, Director Rohit Chopra highlighted the rising costs of obtaining credit reports which he stated affects both lenders and consumer.

Over the past couple of weeks, the CFPB has kept itself busy in the mortgage origination enforcement arena.

On February 27, 2023, the Consumer Financial Protection Bureau (CFPB) announced that it had entered into a consent order​​ with a mortgage lender, resolving allegations that the lender engaged...

In addition to the fine, NewDay agreed to stop paying kickbacks and engaging in deceptive marketing practices.

The Consumer Financial Protection Bureau (CFPB) reports that most borrowers benefit from electronic closings relating to the mortgage loan process.

On February 10, 2016, the Consumer Financial Protection Bureau issued a correction in the Federal Register to the Integrated Mortgage Disclosures Under the Real Estate Settlement Procedures Act and the Truth in Lending Act final rule.

The Consumer Financial Protection Bureau ("CFPB") notified servicemembers of new protections and a veterans alert.

The CFPB proposed a delay - from July 1, 2021 to October 1, 2022 - for compliance with an amended definition of the General Qualified Mortgage category under the Truth in Lending Act.

The CFPB proposed amendments to Regulation Z (implementing the "Truth in Lending Act") to provide certain banks, savings institutions and credit unions an exemption from establishing escrow ...

We have an update to our September 23 post regarding the CFPB's expanded definition of "small creditors" and "rural areas" for purposes of meeting the requirements of qualified mortgages.

The CFPB has released online tools aimed at helping consumers navigate the new mortgage process.

The Consumer Financial Protection Bureau (CFPB) is soliciting comments on possible amendments to the Ability to Repay/Qualified Mortgage (ATR/QM) Rule.

As part of its "Know Before You Owe" mortgage initiative, the Consumer Financial Protection Bureau released a guide to assist consumers through the process of shopping for a mortgage and buying a house.