Draper & Kramer will be prohibited from residential mortgage lending activities for five years, though the CFPB noted that Draper & Kramer wound down its operations last year.

The president-elect said Bill Pulte will help “restore the American Dream for all.”

It would take Congressional action to create an explicit guarantee, a scenario almost no one expects to happen.

The regulator said in an amicus brief Wednesday that home equity investments can be considered credit and subject to Truth in Lending Act requirements.

Chase expects a limited financial impact on its business from the LA-area wildfires.

HUD alleged PHH charged convenience fees in violation of FHA requirements.

KBRA said 24 of its rated RMBS transactions have more than 5% exposure to properties located in the counties affected by the LA fires.

The nomination hearing for Scott Turner to lead HUD is scheduled for Jan. 16.

The company allegedly failed to fully cooperate with state regulators following a data breach.

The CFPB's medical debt rule is facing a lawsuit and Republican leaders in Congress want to overturn the rule.