On February 27, 2023, the U.S. Supreme Court granted the Consumer Financial Protection Bureau’s Petition for a Writ of Certiorari in the closely watched case of CFPB v. Community.
Republican-controlled House of Representatives and House Financial Services Committee expected to focus on more oversight of the CFPB in the 118th Congress.
But an executive at the mortgage company's corporate parent feels the agency, which is facing a court challenge to its funding, is engaging in regulatory overreach.