Most Recent Regulation and compliance News

California bills would pause mortgage payments in disasters

California bills would pause mortgage payments in disasters

Three wildfire-relief bills, including one that would let homeowners pause mortgage payments after a disaster declaration, cleared their respective California...

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Mortgage trade groups back call for updates to Basel III

Mortgage trade groups back call for updates to Basel III

A consortium of mortgage and banking trade groups is voicing support for changes to a capital risk framework governing depository...

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DOJ says CFPB’s preliminary injunction cannot be modified

DOJ says CFPB’s preliminary injunction cannot be modified

Key Insight: The Justice Department told a federal court that an existing preliminary injunction does not require the acting director...

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CFPB court battle with union continues with no end in sight

CFPB court battle with union continues with no end in sight

Key Insight: The Consumer Financial Protection Bureau is going to run out of money early next year, putting the agency...

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CFPB tees up second funding battle with Supreme Court

CFPB tees up second funding battle with Supreme Court

Key Insight: Acting Consumer Financial Protection Bureau Director Russell Vought says he cannot request money for the bureau because the...

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FHFA inspector general is gone amid wider changes

FHFA inspector general is gone amid wider changes

The inspector general of the Federal Housing Finance Agency has reportedly been ousted, leaving vacant a key internal overseer.  Acting...

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FHFA set to end equitable housing finance plans for GSEs

FHFA set to end equitable housing finance plans for GSEs

The Federal Housing Finance Agency is proposing to repeal its fair lending, fair housing and equitable housing finance rule, stating...

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OCC rolls back disparate impact oversight

OCC rolls back disparate impact oversight

The Office of the Comptroller of the Currency is rolling back disparate impact supervision for banks, it announced Monday. As...

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GOP megabill cutting CFPB funding goes to Trump’s desk

GOP megabill cutting CFPB funding goes to Trump’s desk

WASHINGTON —  The House narrowly passed a massive tax and spending bill, capping months of deliberations and sending President Trump’s...

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Feds drop redlining consent order for Trustmark National Bank

Feds drop redlining consent order for Trustmark National Bank

Trustmark National Bank is enjoying an early exit from a consent order stemming from a Biden-era redlining investigation.  The Jackson,...

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