"The CFPB’s new rule will help law enforcement across the country detect and stop repeat offenders," said CFPB Director Rohit Chopra.

"Companies that are putting bad information on those reports, there needs to be some accountability for them and the ones who are assembling these reports," said CFPB director Rohit Chopra.

The Supreme Court delivered a unanimous opinion in Cantero v. Bank of America, sending the case back to a lower court.

Lenders are happy the CFPB is scrutinizing certain fees while harboring some concerns about the CFPB's motives.

Industry trade groups reacted swiftly to the RFI.

The VA said Wednesday it is “strongly” encouraging mortgage servicers to extend their pause of foreclosures for VA-guaranteed home loans through the end of this year.

The new policy includes the implementation of a waterfall of loan modifications designed to reduce borrowers' monthly mortgage payment by at least 20%.

The assessment comes amid a shortage of appraisers along with concerns that the existing pool of appraisers isn’t sufficiently diverse.

“We are fully committed to ensuring that veterans are neither disadvantaged nor overcharged in the homebuying process,” said VA Press Secretary Terrence Hayes.

The Trump administration made substantial progress toward ending the conservatorship of Fannie Mae and Freddie Mac.