The Senate version makes permanent the mortgage interest and mortgage insurance premium reductions, removes the revenge tax ...

The U.S. Consumer Financial Protection Bureau has closed an oversight agreement with Bank of America tied to allegations that the lender submitted inaccurate mortgage data, according to a filing dated ...

A 40-year mortgage offers additional flexibility in exchange for paying more in interest over the life of the loan and taking ...

Qualified mortgages have a maximum debt-to-income ratio (the percentage of your income that goes toward monthly debt payments) of 43%, while some non-QM loans allow for ratios over 50%.

Given the CFPB’s recent lack of action, enforcement experts don’t believe a proposed 50% budget cut will have much of an ...

The CFPB cut short a five-year agreement with Bank of America over the bank’s alleged submissions of false mortgage data.

House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon.

The move ends the consumer watchdog's monitoring of the lender more than three years ahead of schedule. In November 2023, BofA had agreed to pay a $12 million fine to settle CFPB charges that it ...

US CFPB ends monitoring of BofA over mortgage reporting case By Reuters June 23, 20253:33 PM PDTUpdated June 23, 2025 ...

A federal judge rejected the Trump administration's effort to undo a redlining settlement between the Consumer Financial Protection Bureau and a Chicago mortgage lender whose CEO made comments on a ...