On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced a sweeping withdrawal of 67 guidance documents issued since the ...

The CFPB has rescinded 67 guidance documents issued since 2011, including several that affect the mortgage industry.

The Consumer Financial Protection Bureau issued a policy directive rescinding scores of standing guidance documents, ...

Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) released a proposed rule to rescind its previous regulation requiring ...

The NBR rule is “not necessary as a tool to effectively monitor and reduce potential risks to consumers from bad actors,” ...

“Between last week’s CFPB announcement that it is climbing back a multitude of previously issued guidance, and this weekend‘s announcement that Jonathan McKernan, already nominated to become ...

"The Bureau will no longer engage in this practice. Effective immediately, Bureau components may not issue guidance documents that purport to create rights or obligations binding on persons or ...

Vought laid out several parameters into which CFPB guidance should fit, including that guidance should state in a disclaimer that it is not legally binding. Guidance, he said, should refer to ...

Leadership and staff at the Consumer Financial Protection Bureau (CFPB) are clashing in court ... executives who have recommended or requested guidance to perform each of the CFPB’s critical ...