The lender agreed to pay $502,000 to put to rest allegations it violated the Garden State's consumer protection laws.

The proposed legislation would automate access to information and require faster responses to requests for title status that have been a longstanding concern.

MSRs already get very punitive treatment relative to other assets and regulatory reform following the banking crisis could increase it, according to some analysts.

Rohit Chopra, the director of the Consumer Financial Protection Bureau, weighed in on credit card late fees, an upcoming open banking rulemaking and the chaos that could result if the Supreme Court defunds the agency.

The Consumer Financial Protection Bureau celebrates its 12th anniversary on Friday, prompting Director Rohit Chopra to discuss the agency's work including a proposal to set credit card late fees at $8 and the upcoming Supreme Court case that could defund the bureau.

The Federal Reserve vice chair for supervision said regulators will adapt supervisory practices to account for advancements in machine learning.

The agency co-filed an amicus brief in a case involving a "commercial" lien that could have implications on how the Truth in Lending Act might be enforced based on a loan's purpose, rather than classification.

Consumer Financial Protection Bureau Director Rohit Chopra will engage in informal talks with Didier Reynders, the European Commission's commissioner for justice and consumer protection, on artificial intelligence, buy now/pay later and digital payments.

Nevada also approved similar legislation in June, with permanent policies now in place in over half of all U.S. states.

The proposal would bring companies cited for civil enforcement actions under its scope to bar them from doing business with the government-sponsored enterprises.

The FDIC's New York regional office faced staffing shortages throughout its supervision of now-failed Signature Bank. Experts say more competitive wages, culture shifts and whistleblower protections could help regulators attract and retain talent and improve oversight.

A challenge to the SEC's use of administrative law judges could have big implications for bank regulators. The FDIC, Fed, OCC and CFPB could be forced to go to federal court in cases that would otherwise be handled in-house.

Rising interest rates are putting pressure on multifamily housing borrowers — especially investors who were looking for a quick return.

The Home Loan banks are failing to serve huge numbers of Americans because of their reliance on outdated credit scoring models.

Higher capital requirements tend to drive certain lending activities away from banking and toward so-called shadow banks. How regulators shore up banks without driving their customers away is the source of a spirited philosophical debate in Washington.

The qui tam suit filed in 2018 alleged errors in government loan submissions all the way back to 2008, the year it was founded.

Some pandemic-related gains have been ceded to depositories, national numbers from last year's Home Mortgage Disclosure Act reporting confirm.

The Federal Reserve, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and National Credit Union Administration have finalized guidance on handling troubled debt.

The decision was announced shortly after industry players commented on the Federal Housing Finance Agency's proposed expansion of the document's use.

In the past few years, plaintiffs have lodged over 65 complaints against real estate companies regarding unsolicited text messages and phone calls.