The bureau has accused South Carolina-based Heights Finance of targeting borrowers for their likelihood to refinance and using coercive practices to drive them into fee-laden refinancing cycles.

The firms, which include Lexington Law and CreditRepair.com, were accused of misrepresenting to consumers that an upfront fee was necessary to begin the credit repair process.

A New York court has rejected a motion to dismiss a CFPB lawsuit against a group of debt buyers for violations of the Consumer Financial Protection Act and the Fair Debt Collection Practices Act.

Supreme Court denies Republican AGs’ request to join oral arguments in CFPB funding case; CFPB seeks responses to student borrower survey.

James Brody, a senior litigation partner at Garris Horn, provided strategies lenders could use to avoid repurchase demands, which included negotiating contract terms, diversifying their investor deck and outsourcing underwriting.

One veteran mortgage attorney said the CO listed several actions but without any connection to the RESPA anti-kickback law...

The FCC proposal would allow consumers who have provided prior express consent to receive autodialed or prerecorded voice calls to revoke consent through any reasonable means.

A recession could put some strain on whole-business securitizations that are reliant on cash flows beyond royalties, according to S&P.

According to a compliance attorney, the CFPB was problematizing legal behavior in its recent consent order against Freedom Mortgage.

Both mortgage industry participants and consumer advocates want the scope of coverage and liability under the rule to be narrowed.