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CFPB Proposes Rule to Transform Credit Reporting Practices on Medical Debt
The National Law Review· 3 hours agoOn June 11, the CFPB announced a proposed rule amending Regulation V, which implements the Fair Credit Reporting Act, to alter the treatment of medical debts in credit reporting.
The CFPB’s next funding fight
Politico· 4 days agoBut Republicans aren’t giving up the fight against an agency they have...
California Attorney General Bonta Supports New Rule Creating Registry for Repeat Consumer Protection...
Sierra Sun Times· 13 hours agoUnder the rule nonbank entities that offer consumer financial products must inform the CFPB if they...
A reply to Professor Sovern’s arguments as to why the Fed, notwithstanding its losses, can still...
JD Supra· 4 days agoAlthough neither the CFPB, the Federal Reserve Board, nor the Treasury has responded to Professor Emeritus Hal Scott’s op-ed on May 20 in the Wall Street ...
...Need to Know About the U.S. Supreme Court Ruling That the CFPB’s Funding Mechanism is...
JD Supra· 2 days agoOn May 16, 2024, the U.S. Supreme Court ruled that the CFPB’s funding mechanism does not violate the Appropriations Clause of the U.S. Constitution. In ...
CFPB Enforcement Order Registry Requirements Effective September 16 | JD Supra
JD Supra· 19 hours agoCovered nonbanks subject to enforcement orders for alleged violations of covered federal, state, and local consumer financial services law should be aware of new requirements effective September ...
CFPB Forms Repeat Offender Unit | JD Supra
JD Supra· 2 days agoAs we recently reported, the CFPB issued its final rule, titled the Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final ...
JD Supra: "OVER THE LINE!" Where Banking and Gaming Intersect, the CFPB Has Something to Say.
JD Supra· 6 days agoIn some circumstances, virtual currency can be used for real-world transactions, such as wagering skins or virtual currency or cashing out and receiving real money. According to the Consumer ...
CFPB Awkwardly Finalizes a Portion of Its Personal Financial Data Rights Rule | JD Supra
JD Supra· 19 hours agoThis is all because the CFPB believes that “dominant firms” maintain their market position in part by holding customer information hostage, and that a rule ...
CFPB Creates Corporate Nonbank Enforcement Registry | JD Supra
JD Supra· 4 days agoThe centralized repository would assist the CFPB and law enforcement in detecting patterns of misbehavior and recidivism adversely affecting consumers.