The 2023 order, aimed at ensuring collection of information about applicants' race, ethnicity, gender, wasn't scheduled to be lifted until 2028. Regulators say bank has fulfilled its obligations
Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request 'a Pandora’s box the court refuses to open'
The Trump administration is seeking to cut 90% of the CFPB's workforce, and has dismissed about 20 active enforcement cases and moved to vacate or weaken several finalized settlements
A hearing on an order barring the Trump administration’s move to fire all but 200 of the CFPB’s 1,700 employees is set for Friday, with Democrats calling it an attempt to dismantle the bureau
Consumer groups are trying to stop the Trump administration from vacating a settlement the government reached with a Chicago mortgage broker days before the November election
Flood of orders published without explanation on social media target programs and practices designed to boost lending in minority communities, protect borrowers from deceptive practices
Lenders are no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a 'reconsideration of value'
Although some in the real estate industry hope Trump will bring a lighter hand to antitrust, his nominees for Attorney General and Assistant AG suggest otherwise
Nation's third biggest lender casts itself as a victim of politics, noting Consumer Financial Protection Bureau launched its investigation the day after Biden Administration took office
Citadel Federal Credit Union 'respectfully disagrees' with allegations, agrees to invest $6.5M and open 3 new branches in predominantly Black and Hispanic neighborhoods in Philadelphia
Since launching an initiative to combat redlining in 2021, prosecutors at the Department of Justice have reached settlements with 13 mortgage lenders totaling more than $137M
Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act in 2021 refinancing request. Rocket says it expects to prevail
Fair housing advocate Dr. Lee Davenport shares 10 questions to ask before adopting an AI-based chatbot or consumer-facing platform for your real estate business
Lender revises appraisal policies and practices in wake of lawsuit by Baltimore couple who claimed their home was undervalued by more than $250,000 because they were Black
FNB's 2017 acquisition of Yadkin Bank for $1.8B expanded its footprint into North Carolina, where the DOJ alleges it avoided providing mortgages to majority-Black and Hispanic communities