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CFPB’s HMDA enforcement cases and research focus on ensuring financial institutions comply with HMDA and Regulation C’s requirement to report complete and accurate mortgage lending information.

The CFPB approved a rule to address the current and future applications of complex algorithms and artificial intelligence used to estimate home values.

On February 13, the Appraisal Subcommittee (ASC) held a public hearing on appraisal bias, including an examination of The Appraisal Foundation.

Housing costs are high and a lack of competition in pricing and high fees compound the affordability problem.

The CFPB and FTC filed an amicus brief to help ensure that people can hold debt collectors accountable for unlawful fees.

Hemos introducido junto a la FTC una opinión legal para asegurarnos de que el público pueda obligar a los cobradores a rendir cuentas por cobrar tarifas ilegales.

As interest rates increased in 2022, the number of refinance mortgage originations declined, with cash-out refinances becoming a larger share of all refinances. Cash-out refinances exacerbated the 2008 financial crisis, but regulatory and market developments may have changed the risks of cash-out refinances to consumers and the mortgage market. A new analysis looks at the characteristics of these refinances and the rates of delinquency.

Individual lenders can apply to enroll in a testing pilot of alternative, tailored disclosures for construction loans designed to improve consumer understanding of loan terms and costs.

On November 1, the Appraisal Subcommittee – which has a seven-member federal agency board including the CFPB – will hold its next public hearing to discuss the challenges and solutions to preventing bias in the home appraisal process. Members of the public are encouraged to attend.

This week, we joined the State of Maine to file an amicus brief to help ensure that consumers receive critical protections when taking out loans.

A new analysis from CFPB researchers finds that the majority of mortgage borrowers in forbearance during COVID-19 have since become current on their loans.

The CFPB filed an amicus brief to protect consumers’ right to challenge discrimination under the Equal Credit Opportunity Act.

Hemos introducido una Declaración de Interés junto al Departamento de Justicia para proteger a compradores y propietarios de viviendas de tasaciones discriminatorias.

Estamos tomando un nuevo paso para asegurar que las decisiones tomadas por modelos automáticos, a veces mercadeadas como inteligencia artificial, sean responsables.

Today, the CFPB is taking another step toward ensuring accountability for automated decision models, sometimes marketed as artificial intelligence (AI).

The CFPB is exploring long-term solutions to move away from single points of failure, ensure system resilience, and eliminate unnecessary complexity in rulemaking.

Companies that provide adjustable-rate mortgages, student loans, home equity lines of credit, reverse mortgages, and credit cards are ending their use of a popular interest rate index, which expires June 30, 2023.

Help is available for homeowners who took out second mortgages years ago, and believed their loans were either forgiven or modified into a single loan, and now are being targeted by debt collectors threatening foreclosure.

Hay ayuda disponible para propietarios que hayan tomado una segunda hipoteca y ahora son blanco de cobradores que amenazan con ejecuciones hipotecarias.

This week, the CFPB filed a joint Statement of Interest with the Department of Justice to protect homebuyers and homeowners from discriminatory appraisals.

The CFPB issued a Request for Information on the economic impact of mortgage loan originator rules on small mortgage companies.

The public can submit comments through March 29, 2023 on an application to create an alternative mortgage disclosure to improve understanding and facilitation of construction loans.

Hasta el 29 de marzo del 2023 pueden enviarse comentarios para crear una declaración hipotecaria alternativa que facilite préstamos a la construcción.

See the basics of CFPB’s enforcement action against Wells Fargo, the customers who were affected, and the practices that violated federal law.

웰스파고에 대한 CFPB의 제재 조치와 관련된 기본 사항, 영향을 받은 고객 및 연방법을 위반한 관행에 대해 알아볼 수 있습니다.