The federal banking agencies believe returning to the 1995 CRA regulation is the “the most effective” way to provide certainty regarding CRA requirements.

The final rule would have rescinded procedures that require a state official to notify the bureau when they take action to enforce the Consumer Financial Protection Act.

New Jersey is the latest state to introduce legislation to establish its own version of the Community Reinvestment Act.

The new law addresses foreclosures on “zombie” second mortgages and creates new standards for subordinate mortgage servicers.

Key differences exist between the Equal Credit Opportunity Act’s and the Fair Credit Reporting Act’s adverse action notice requirements.

Pawnshop settles MLA lawsuit; CFPB won’t reissue a medical debt collection AO; federal judge vacates medical debt rule; CFPB places a top staff member on leave; OCC will no longer examine for disparate impact liability; FDIC releases the top regulatory violations for 2024.

The changes to the Nationwide Multistate Licensing System include modernized updates to the individual state license application process.

Republicans are looking to loosen the Consumer Financial Protection Bureau's regulatory grip.

The $213.3 million transaction has several credit strengths, including a manual review of all underwriting decisions, Moody’s Ratings said.

The proposal seeks to reinstate the Community Reinvestment Act framework that existed prior to the 2023 final rule. That framework has largely been unchanged since it took effect in 1995.