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Federal Judge Vacates CFPB Funding Cutoff, Rejects Fed-Profit Theory

Federal Judge Vacates CFPB Funding Cutoff, Rejects Fed-Profit Theory

by John G. Stevens | Sep 27, 2026 | Mortgage Information

A federal judge has vacated two funding decisions made under former acting Consumer Financial Protection Bureau Director Russell Vought, rejecting the legal theory that Federal Reserve losses could eliminate the bureau’s statutory source of operating funds. Senior...
Report: CFPB’s Chief Legal Officer to Assume Role of Acting Director

Report: CFPB’s Chief Legal Officer to Assume Role of Acting Director

by Phil Hall | Jun 8, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Mark Paoletta, the chief legal officer at the Consumer Financial Protection Bureau (CFPB), has been selected as agency’s deputy director, which puts him in line to succeed Acting Director Russ Vought. According to a Bloomberg report, Vought’s term as acting director...

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