Michael Cortina

Michael Cortina

Amundsen Davis LLC

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CFPB May Lose Ability to Enforce Regulations In-House

On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) filed a notice that seeks to rescind changes made in 2022 for administrative adjudications. FinanceThe rules for administrative adjudications allowed the CFPB...more

5/22/2025  /  Consumer Financial Protection Bureau (CFPB) , Enforcement Actions , Financial Institutions , Financial Regulatory Reform , Lenders , Proposed Rules , Regulatory Agenda , Regulatory Reform , Regulatory Requirements , Rulemaking Process

The Consumer Financial Protection Bureau Proposes New Rule for Automated Valuation Models

The Consumer Financial Protection Bureau (CFPB) has proposed a new rule that could impact lenders using forms of artificial intelligence in their lending practice. The rule affects mortgage originators and secondary market...more

9/9/2024  /  Algorithms , Artificial Intelligence , Automated Systems , Consumer Financial Protection Bureau (CFPB) , Mortgage Servicers , Proposed Rules , Regulatory Standards
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