Acting director Russell Vought claims bureau “abused its power” in redlining case against Townstone Financial that dragged on for four years, to “further the goal of mandating DEI in lending.” Continue reading
For fair housing trainer and advocate Dr. Lee Davenport, self-motivation, transparency and accountability are greater than prioritizing mostly enforcement when it comes to optimal fair housing outcomes. Continue reading
Mortgage industry groups support the Trump administration’s picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at the agencies. Continue reading
RESPA complaint that accused Rocket Homes of favoring real estate agents who steered clients to Rocket Mortgage is dismissed “without prejudice” by CFPB’s new leadership. Continue reading
The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan, noting he has a “wealth of experience” to lead the financial watchdog. Continue reading
President Donald Trump has nominated Jonathan McKernan as the new director of the Consumer Financial Protection Bureau (CFPB), a major move in the administration’s broader government restructuring. McKernan’s nomination has been sent to the Senate for … Continue reading
Democrats vow to fight moves to “unlawfully ‘delete’ this popular consumer watchdog that enjoys the broad bipartisan support of 4 out of 5 Americans.” Continue reading
Having fair access and the opportunity to lease or own a home is paramount to the American dream, Dr. Lee Davenport writes. Here’s how new policies could impact that goal. Continue reading
In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading
In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading