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Judge Temporarily Blocks Planned CFPB Layoffs

Judge Temporarily Blocks Planned CFPB Layoffs

by Phil Hall | Apr 18, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A federal judge has temporarily blocked efforts by the Trump administration to terminate 90% of the workforce of the Consumer Financial Protection Bureau (CFPB). The Hill reports US District Judge Amy Berman Jackson has stopped the agency from today’s plan to...
Report: CFPB Staff to Begin Receiving Termination Notices

Report: CFPB Staff to Begin Receiving Termination Notices

by Phil Hall | Apr 18, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) issued a new wave of termination notices to its staff on Thursday. The notices could begin as early as today, although official terminations may not happen for several weeks and could impact as much as 90% of the...
Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement

Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement

by Phil Hall | Apr 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A coalition of civil rights and consumer advocacy groups has filed an amicus brief in federal district court seeking to stop the motion filed by the Consumer Financial Protection Bureau (CFPB) to vacate its $105,000 redlining settlement with the mortgage company...
Judge Temporarily Blocks Planned CFPB Layoffs

CFPB Drops 2022 Enforcement Action Against TransUnion

by Phil Hall | Mar 3, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has dropped its enforcement action against the consumer credit report provider TransUnion (NYSE: TRU). According to Reuters, the CFPB initiated its enforcement against TransUnion case in 2022, claiming longtime executive...
Report: CFPB Staff to Begin Receiving Termination Notices

CFPB Employees Claim Trump Wants to Reduce Agency to 5 Employees

by Phil Hall | Feb 28, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Employees of the Consumer Financial Protection Bureau (CFPB) are claiming the Trump administration is planning to fire nearly all of the agency’s 1,700 employees in a three-phased strategy. According to a CNBC report sourced from testimony given by the agency’s...
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