#cfpb

#cfpb

CFPB's internal investigation acknowledged that Townstone did not engage in discriminatory practices but was targeted for its political speech, raising concerns about regulatory overreach.

Mark Paoletta, the CFPB's chief legal officer, confirmed in a federal court filing that the reason for vacating the rule stemmed from an immediate lawsuit from the Bank Policy Institute.

The Texas judge's ruling earlier this month came a day after major industry groups announced they had reached an agreement to throw out the $8 late fee cap.

The CFPB has decided to pause its proposed rule that would require nonbank entities to report enforcement actions, focusing instead on pressing consumer threats.

"Jackson also ordered the CFPB to allow employees to perform their statutorily mandated functions by giving them either fully equipped office space or proper equipment to work remotely."

"It's scary," said Hickman, who was fired last Tuesday. "I had a real moment... that really hits you. I think it underscores the fact that we're just regular, middle-class people, just like the people we're trying to serve."

A lot of appraisers feel like AMCs are just generally in this gray area and they get forgotten about in the regulatory landscape.