Zillow Investors Blast Marketing Program Probed by CFPB

Zillow continued to run a marketing program allowing real estate agents and lenders to share advertising costs, despite having received notice from the Consumer Financial Protection Board that the program was likely illegal, shareholders claim in a derivative lawsuit.

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Mulvaney Takes Heat for Handling of Equifax Probe

Mick Mulvaney, director of the Office of Management and Budget, continued to scale back regulatory efforts in the finance industry, so the Center for Responsible Lending held a media call Wednesday to address how Mulvaney’s actions within the Trump administration could affect regulation of the payday lending industry.

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Republicans Say CFPB Kowtowed to Wells Fargo

Pointing to records that they say regulators intentionally withheld, a congressional committee says there is more evidence than ever that the Consumer Financial Protection Bureau obstructed oversight of Wells Fargo’s fraudulent accounts scandal.

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