Litigation

The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.

By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.

The shareholders' claims against Fannie Mae and Freddie Mac's regulator mirror arguments in cases challenging the Consumer Financial Protection Bureau.

If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.

The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure.

The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.

Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.

Two Michigan credit unions were sued by an individual who claimed their websites didn't comply with the Americans with Disabilities Act.

The industry has long worried that the ability-to-repay rule gives borrowers an avenue to fight foreclosure, but one plaintiff’s experience may discourage others from trying.

Seven senators, including Sen. Chuck Grassley, sent a letter requesting information on what steps the Justice Department was taking to address the issue.