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The CFPB has rescinded 67 guidance documents issued since 2011, including several that affect the mortgage industry.
On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced a sweeping withdrawal of 67 guidance documents issued since the ...
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,” ...
The Consumer Financial Protection Bureau is radically cutting enforcement by withdrawing nearly 70 guidance documents, citing President Trump's mandate to eliminate regulations and reduce costs for ...
The CFPB has rescinded plans to shield highly sensitive data, including Social Security numbers, from being sold to data ...
“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 ...
Historically, the Bureau has released guidance without adequate regard for whether it would increase or decrease compliance burdens and costs. Our policy has changed,” CFPB Acting Director Russ Vought ...
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TRUMP ADMIN MOVES TO CRACK DOWN ON USE OF REGULATORY ‘GUIDANCE’ AT CFPB The memo said the CFPB's supervision arm will reduce the number of supervisory "events" or exams by 50%, with a focus on ...
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