Lowering barriers to building The first order, “Removing Regulatory Barriers to Affordable Home Construction,” directs agencies to scrutinize various environmental protection laws that may be leading to a reduction in new-home construction... Read more »
In June 2024, the CFPB issued an order that permanently bars Pittsford, New York-based Sutherland Global Services and its subsidiaries, Sutherland Government Solutions, Sutherland Mortgage Services and NOVAD, from servicing reverse mortgages.... Read more »
The Trump administration had argued that because the Federal Reserve is operating at a loss, it does not have the money to fund the bureau’s operation. Judge Amy Berman Jackson, who had... Read more »
After the proposal was published, Nikitra Bailey, executive vice president at the National Fair Housing Alliance (NFHA) testified before Congress about her reasons for opposing the change and has now released a... Read more »
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit Monday accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies, Rocket Mortgage and Amrock. The Jason Mitchell... Read more »
Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The... Read more »
Elon Musk, who has become a confidant of president-elect Donald Trump, has called for the Consumer Financial Protection Bureau to be dismantled. (Image generated by AI in Midjourney) Elon Musk, the world’s... Read more »
While the draft measure may be abandoned altogether, Bloomberg reported that in its current form it would apply to both home purchase and refinance transactions. According to the publication, the CFPB will... Read more »
The Consumer Financial Protection Bureau (CFPB) on Friday issued a report indicating that it is taking a closer look at the impact of “discount points” on mortgage transactions, noting that use of... Read more »