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Should Medical Debt Be Excluded from Credit Reports? The CFPB Thinks So | JD Supra
JD Supra· 1 day agoThe Consumer Financial Protection Bureau (“CFPB”) is poised to take medical debt off the table for creditors when evaluating a consumer’s eligibility...
CFPB takes action against repeat offender Freedom Mortgage Corporation
Retail Banker International via Yahoo Finance· 4 days agoThe Consumer Financial Protection Bureau (CFPB) has filed a proposed order that would require...
Avoiding Pitfalls in Consumer Financial Services Contracts: CFPB Warns Against Unlawful and...
JD Supra· 1 day agoAlthough broad disclaimers, liability waivers, and releases tend to be commonplace in general terms of service, they can be highly problematic in the consumer financial services space. The Consumer ...
CFPB proposes $3.95M fine for Freedom Mortgage over false data accusations - HousingWire
HousingWire· 4 days agoThe document states that the CFPB and Freedom Mortgage have agreed to enter into the proposal, with...
CFPB takes enforcement action against former HECM servicing contractor - HousingWire
HousingWire· 4 days agoThe Consumer Financial Protection Bureau (CFPB) on Tuesday announced a series of enforcement actions...
CFPB announces March 30, 2025 compliance date for payday lending rule | JD Supra
JD Supra· 4 days agoIn a blog post published at the end of last week, the CFPB announced that its payday lending rule (Rule) would go into effect on March 30, 2025. Because the Rule’s ability ...
CFPB Issues Final Rule Requiring Certain Nonbanks to Report Final Public Orders and Submit Annual...
The National Law Review· 2 days agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB)
CFPB issues new rule for recognizing open banking standards | JD Supra
JD Supra· 2 days agoThe CFPB has launched the process for independent standard-setting bodies to receive formal recognition, as part of its efforts to shift towards open banking in the United ...
Overview of the CFPB's Proposed Open Banking Rule and Final Industry Standard Setting Rule | JD...
JD Supra· 1 day agoThe financial services and banking industry landscape continues to evolve in the face of new and emerging technologies. This phenomenon is especially prevalent in the sharing of consumer data ...
JD Supra: SCOTUS Upholds CFPB Funding Mechanism
JD Supra· 3 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does ...