On January 13, 2025, the CFPB  issued a new report that found significant differences in the likelihood that homeowners with a mortgage are adequately insured against flooding based both on location and on income and assets. The report looks at flood risk in the southeast and central southwest census regions of the United States, as measured by flood risk data from both the Federal Emergency Management Agency (FEMA) and the First Street Foundation. 

On January 7, 2025, the CFPB sued Experian, the nationwide consumer reporting agency, for unlawfully failing to investigate consumer disputes properly. The CFPB alleges that Experian does not take sufficient steps to intake, process, investigate, and notify consumers about consumer disputes, resulting in the inclusion of incorrect information on credit reports. 

On January 7, 2025, the CFPB finalized a rule that bans the inclusion of medical bills on credit reports used by lenders and prohibits lenders from using medical information in their lending decisions. According to the CFPB, the final rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.

On January 6, 2025, the CFPB sued Vanderbilt Mortgage & Finance for setting families up to fail when they borrowed money to buy a manufactured home. The CFPB alleges that Vanderbilt’s business model ignored clear and obvious red flags that the borrowers could not afford the loans resulting in many families struggling to make payments.

On January 1, 2025, the CFPB opened the filing period for HMDA data collected in 2024.Submissions will be considered timely if received on or before March 3, 2025.

On December 17, 2024, the NCUA approved a final rule that will require federally insured credit union boards of directors to establish succession planning processes for key positions.