Starting Friday, it will be a little bit harder to get a home mortgage. Or more precisely, banks and lenders will have to work a little bit harder to make sure borrowers can afford to buy a house ...
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9 Best Home Equity Loans of February 2025Home values have steadily increasing over the past few years, resulting in records amount of home equity. Homeowners in need ...
Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, executives said.
Since 2021, the consumer watchdog agency has carried out a campaign to combat redlining and race-based discriminatory lending in the mortgage industry. A number of major banks and nonbanks have been ...
The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions ...
"This letter confirms that my term as CFPB Director has concluded," Chopra said in a letter to President Donald Trump, posted to the social media site X on Saturday morning. "I know the CFPB is ready ...
President Donald Trump on Saturday removed Rohit Chopra as the director of the Consumer Financial Protection Bureau, setting in motion a potentially landmark shift at one of the nation’s most ...
In a resignation letter posted on X, Chopra said watchdog agencies such as the CFPB work to enforce laws to "check the enormous influence that powerful firms have over our daily lives." ...
Rohit Chopra has confirmed that he is no longer leading the agency responsible for regulating mortgages ... Warren helped create the CFPB in 2011, highlighting in a Saturday statement how her ...
In fiscal 2025 the CFPB will cost taxpayers an unnecessary $1 billion. These funds are being spent on antimarket enforcement actions and regulations that actually harm consumers. And the CFPB is ...
The head of the Consumer Financial Protection Bureau (CFPB) announced his departure on Saturday, becoming the latest Biden administration holdover official to be ousted by the Trump administration.
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