Members of the CFPB’s Consumer Advisory Board cautioned against the bureau’s shift in fair lending priorities, including the elimination of disparate impact to prove discrimination.

Sen. Elizabeth Warren, D-MA, said it appears banks sold mortgages forgiven under the national mortgage settlement to debt collectors.

Judge Amy Berman Jackson said while the preliminary injunction doesn't contain a provision expressly ordering the bureau to request funds from the Fed, it does set out clear duties that require money to fulfill.

The proposal would make major changes to the Equal Credit Opportunity Act.

A new Zillow report found 36% of home sellers now find their agents through online channels, up from 15% in 2018.

The CDIA said that credit washing, encouraged by credit repair organizations, is driving the increase in complaints submitted to the CFPB.

The District of Columbia Circuit has granted the National Treasury Employees Union’s request for en banc rehearing of its lawsuit against CFPB Acting Director Russell Vought.

Credit repair organizations are influencing consumers to file complaints with the CFPB in an attempt to remove negative, even if accurate, data from their credit reports, according to the Consumer Data Industry Association.

Consumer advocates said the proposed changes will make it even more difficult for underserved markets to access credit, particularly people of color that continue to experience redlining and lending discrimination.

Consumers can submit confidential tips to the NCRC related to potential violations of fair lending laws. The information may then be used by the consumer advocate to investigate claims of lending discrimination.