-
At a court hearing on Monday, lawyers for the Trump administration said statutorily required work is being done by the Consumer Financial Protection Bureau, while the union claimed the government is trying to shut the agency down.
March 3
-
The Consumer Financial Protection Bureau's decision to no longer pursue its enforcement action against the credit reporting bureau marks the eighth lawsuit dropped by the agency in recent days.
February 28
-
The union representing Consumer Financial Protection Bureau employees said in a court filing that the Trump administration's actions to reduce the agency's workforce and cut spending violate the law.
February 28
-
Housing finance players accused of wronging consumers slammed the lawsuits as politically motivated efforts by former Biden-era bureau director Rohit Chopra.
February 27
-
Mortgage lender Lower accuses New American Funding of stealing a San Antonio branch in early 2025.
February 27
-
Texas Capital is arguing against summary judgment, saying prior assertions about reverse mortgages' initial and subsequent draws need to be examined in court.
February 25
-
The Justice Department said in a legal brief that the Consumer Financial Protection Bureau will continue to exist, but said instead that the agency will have fewer employees and a reduced budget under the Trump administration.
February 25
-
The Massachusetts attorney general noted some consumers were caught by surprise when they realized the full cost of their agreements after signing.
February 21
-
U.S. District Judge Amy Berman Jackson agreed to temporarily block the Trump administration from firing more CPFB employees and said the White House could not delete or destroy any of the bureau's data or databases.
February 14
-
Consumer and employees groups are seeking a restraining order against CFPB acting Director Russell Vought, arguing that he was unlawfully installed and has "no power to direct" the bureau.
February 14 -
The mayor and city council of Baltimore, along with a Maryland-based economic justice group, are suing the bureau and its acting director, claiming that the recent decision to "defund" the CFPB will leave it unable to support communities.
February 13 -
Plaintiffs alleging the lender manipulated home valuations ten years prior argued the interpretation of the rule cited in determining the case's standing was a stretch.
February 11
-
Neo Home Loans, the business at the center of the trade secrets suit, has always maintained its independence in its lender partnerships, its co-creator claims.
February 11 -
Allegations of gender discrimination and improper loan origination practices against LoanDepot were dismissed on Feb. 7.
February 10
-
Acting Consumer Financial Protection Bureau Director Russell Vought ordered bureau employees to "stand down" and perform no work, effective immediately.
February 10 -
As a market leader, Rocket Companies rebranding comes in the foreground of several court battles and fluctuating earnings performance.
February 10
-
The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement and litigation over its medical debt rule, handing the banking industry an immediate reprieve.
February 7
-
The complaint claims Lendingtree and its subsidiary failed to implement proper protocols, such as two factor authentication, to keep customer data safe.
February 7
-
The prospect of both megalenders being released from conservatorship and the downgrading of each firm's respective stock are top of mind for executives.
February 6
-
The wholesale and non qm lender said it's placed Serene Vernon on administrative leave and elevated capital markets officer John Hamel to the role of president.
February 3
