Other News in Brief

October 13, 2025by

Appeals court upholds multi-million-dollar judgment against Libre by Nexus; states settle with mortgage company over illegal MLO conduct.

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HEL MBS Issuance Reaches Highest Levels Since 2007

October 13, 2025by

Rocket was the top issuer of HEL deals in the third quarter, increasing its issuance 27.8% from the second...

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CFPB Finalizes Rule Extending Section 1071 Compliance

October 13, 2025by

Compliance with the Section 1071 rule will now begin for the first set of financial entities on July 1,...

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District Court Allows FDCPA Class Action to Proceed

October 13, 2025by

The survival of the complaint against Selene Finance could lead to copy-cat class-action proceedings against mortgage servicers.

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RESPA Charges Move Forward in UWM Lawsuit

October 13, 2025by

The wholesale lender was released from all RICO charges, but must still face certain RESPA allegations.

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California Enacts Mortgage Forbearance Act for Wildfire Relief

October 13, 2025by

The emergency law provides borrowers impacted by the January wildfires up to 12 months of mortgage forbearance.

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CFPB Could See Limited Impact From Shutdown

October 13, 2025by

The government shutdown will likely primarily impact the bureau’s staffing levels, according to industry attorneys.

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NTEU Seeks Full Circuit Rehearing of CFPB Case

October 13, 2025by

The National Treasury Employees Union argued that if the decision of a three-judge panel is allowed to stand, the...

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State Regulators Coordinate Enforcement Efforts

October 13, 2025by

The Conference of State Bank Supervisors is working on building common standard examination programs for the states to use...

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CFPB Official Says Bureau to Resume Examination Activity

October 13, 2025by

A CFPB official at a recent industry conference said the bureau is set to resume examinations within weeks. In...

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