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
As interest rates increased in 2022, the number of refinance mortgage originations declined, with cash-out refinances becoming a larger share of all refinances
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
Today, the CFPB is taking another step toward ensuring accountability for automated decision models, sometimes marketed as artificial intelligence (AI)
The CFPB issued a standard Request for Information on the economic impact of mortgage loan originator rules on small mortgage companies as part of a mandated 10-year review
The Independent Community Bankers Association has filed an application to create an alternative mortgage disclosure to improve understanding and facilitation of construction loans
