Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, executives said.

On January 17, the CFPB released its complaint and proposed consent order against a nondepository mortgage company, alleging violations of the ...

The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.

On January 17, the CFPB published a blog post highlighting the resurgence of “zombie” second mortgages — instances where homeowners thought ...

This marks the seventh consent order closed by Wells Fargo's regulators since 2019, the U.S. banking giant said. Wells ...

The CFPB consent order said the San Francisco-based lender ... Wells also allegedly denied mortgage loans to certain ...

This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

"What Is a Reverse Mortgage?" Consumer Financial Protection Bureau. "Can My Partner, Family, or Dependents Live In My Home if I Have a Reverse Mortgage?" CFPB. “Reverse Mortgage Servicing.” ...

“Cash App created the conditions for fraud to proliferate on its popular payment platform,” said CFPB Director Rohit Chopra. “When things went wrong, Cash App flouted its responsibilities ...

Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps and digital wallets like banks. In a lawsuit filed in federal court in ...

"When things went wrong, Cash App flouted its responsibilities and even burdened local banks with problems that the company caused," said CFPB Director Rohit Chopra. In response, Block said the ...