CFPB Plans ‘Fresh Look’ at Crisis-Era Rules on Mortgages, Cards

The CFPB is taking another look at decade-old rules for the credit card, consumer credit reporting and mortgage markets with an eye toward potential updates, the agency’s director said.

The Consumer Financial Protection Bureau is reviewing a “host of rules” that it inherited from other agencies, including the Federal Trade Commission and the Federal Reserve, the agency’s director, Rohit Chopra said Friday in a blog post.

“Many of these rules have now been tested in the marketplace for many years and are in need of a fresh look,” Chopra wrote.

The CFPB, which began operations in 2011 after the Dodd-Frank ...