Fair lending policy director to be investigated for racial blog posts

Now that Eric Blankenstein’s old blog post has come to light, the CFPB has asked an independent group to investigate its top enforcement director.

Federal agency launches program to help limited-English speakers

The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited-English-proficiency borrowers.

The battle between the Consumer Financial Protection Bureau and PHH is over

On Wednesday, January 31, the Court of Appeals for the District of Columbia Circuit upheld the constitutionality of the Consumer Financial Protection Bureau (CFPB) ending a two-year debate over the CFPB’s power structure, which stemmed from an ongoing lawsuit between the Bureau and New Jersey-based mortgage lender PHH Mortgage Corporation over the lender’s captive reinsurance practices …

Trump’s pick will take over consumer watchdog agency as acting director

On Tuesday a federal judge denied a request by the Consumer Financial Protection Bureau’s second-in-command Leandra English to block White House budget chief Mick Mulvaney from taking over as the legal interim head of the watchdog agency …

Power struggle at Consumer Financial Protection Bureau draws concern from mortgage industry

A battle for the soul of the Consumer Financial Protection Bureau (CFPB) played out Monday inside a federal building in Washington. The real estate industry watched with fascination as White House budget chief Mick Mulvaney sought to wrest power from the agency’s acting director …

Another angry investor sues Zillow over co-marketing

Another Zillow Group shareholder has filed a federal lawsuit against the company and it appears the real estate giant could soon face a slew of similar suits …

Investor alleges Zillow lied about co-marketing program

A Zillow Group shareholder has filed a lawsuit alleging the company and its two top executives defrauded investors by misrepresenting its co-marketing program’s compliance with an anti-kickback law, thereby artificially inflating the real estate giant’…

Zillow Group and CFPB head into settlement talks

A federal investigation of Zillow Group’s co-marketing program for potential anti-kickback violations appears to be over, but that doesn’t mean the real estate giant is out of hot water.  …

TRID update: It’s ‘appropriate’ for agents and brokers to access Closing Disclosure

The CFPB finalized updates to the 560-page TRID rules, including an update about privacy and sharing of information that should make it easier for agents and brokers to access the Closing Disclosure. …

Financial CHOICE Act, rolling back Dodd-Frank regulations, passes the House

Under new legislation passed by the United States House of Representatives yesterday — the Financial CHOICE (Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs) Act — the CFPB’s power to regulate and fine the financial industry …