In this article, we share a timeline of our monthly "bites" for 2024 applicable to the mortgage industry. There was also a flurry of ...

This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.

Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, executives said.

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...

There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.

The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

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 ...

In 2022, the CFPB said it spotted violations across some ... The agency alleged that the bank had improperly denied mortgage loan modifications, miscalculated fees, unfairly froze consumer ...