A new FHFA working paper examined factors that influence borrowers’ decisions on whether they should pursue forbearance when facing financial distress.

The investment vehicle plans to mainly buy whole loans, but may also purchase ABS.

The lawsuit accuses Rocket Homes of steering customers to its affiliated companies for mortgage loans and closing services.

Starting in March 2026, residential mortgage protections will apply to Property Assessed Clean Energy loans. Mortgage industry groups and consumer advocates applauded the move.

The proposal is unlikely to move forward in the Trump administration, but the draft could serve as a blueprint for state legislation.

The Supreme Court’s decision to let a lower court’s ruling stand allows the bureau to watch over certain ABS market participants.

Elon Musk’s call to “delete” the CFPB hasn’t found many takers. According to mortgage industry participants, the consumer watchdog has provided stability to the industry post the 2008 financial crisis.

The final rule establishes ability-to-repay requirements for Property Assessed Clean Energy loans.

The Supreme Court’s decision effectively grants the CFPB authority over the ABS market.

Chris Willis, a partner at the law firm of Troutman Pepper, said the rule is “complex” and has caused a lot of “confusion and misunderstanding.”