Tag Archives: CFPB

The year 2022 may go down as one of the most complex and risk-intensive housing markets in history, as Patrick Gluesing offers tips on how to navigate through this new marketplace.

The Consumer Financial Protection Bureau (CFPB) recently outlined options to ensure that computer models used to help determine home estimates are accurate and fair. The options will now be reviewed to determine their potential impact on small businesses. When underwriting ...

CFPB Director Rohit Chopra said, “Today’s report is further evidence of the serious harms stemming from [credit bureaus'] faulty financial surveillance business model.”

This is an opportunity for companies to identify and address internal pain points as borrower protections wind down, Acting Director Dave Uejio says.

Servicers should expect a “tidal wave” of distressed borrowers seeking help as forbearance plans expire. Having systems in place to handle a rapid increase in grievances will be crucial.

The Consumer Financial Protection Bureau (CFPB) issued a warning to servicers to prepare for an onslaught of distressed homeowners come summertime, or as moratoria expire. This is the second CFPB notice in a week to indicate the bureau is aggressively ...

Researchers analyze historical loan performance to learn more about the CFPB action that would provide a three-year pathway to "safe harbor" for some loans.

The Consumer Financial Protection Bureau (CPFB) issued an advisory opinion related to perceived regulatory uncertainties tied to Regulation B, which implements the Equal Credit Opportunity Act (ECOA) as it applies to certain aspects of special-purpose credit programs (SPCPs). The ECOA ...

The Consumer Financial Protection Bureau (CFPB) announced additions to its executive team. According to a press release, the bureau—"which helps consumer finance markets work by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations, by making rules more effective, ...

The Consumer Financial Protection Bureau (CFPB) has issued an advance notice of proposed rulemaking (ANPR) requesting input on regulating consumer access to financial records.  With the ANPR, the CFPB is looking for suggestions on how the agency could most efficiently and effectively develop ...