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CFPB creates registry to detect corporate repeat offenders
Retail Banker International via Yahoo Finance· 5 days agoThe Consumer Financial Protection Bureau (CFPB) has established a registry to detect and deter...
CFPB creates public database of nonbank repeat offenders - HousingWire
HousingWire· 5 days agoThe Consumer Financial Protection Bureau (CFPB) is creating a public database to identify nonbank...
CFPB issues UDAAP guidance on contracts for consumer financial products and services | JD Supra
JD Supra· 3 days agoOn June 4, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued a Consumer Financial Protection Circular 2024-03 (“Circular”) warning that...
CFPB Expands ‘Junk Fee’ Crackdown to Mortgage Closing Costs | JD Supra
JD Supra· 2 days agoFollowing a recent call for consumer input, the Consumer Financial Protection Bureau (CFPB) announced it will launch a formal public inquiry into so-called “junk fees” that ...
U.S. Supreme Court Upholds CFPB’s Funding Mechanism as Constitutional | JD Supra
JD Supra· 5 days agoBureau v. Community Financial Services Association of America, determining once and for all that the Consumer Financial Protection Bureau’s (“CFPB”) self-funding mechanism ...
CFPB Warns Against Deception in Contracts for Consumer Financial Products and Services | JD Supra
JD Supra· 2 days agoAccording to the CFPB, companies use this fine print tactic to try to trick consumers into believing they have given up certain legal rights or protections. When financial ...
CFPB Issues Final Rule Creating Nonbank Enforcement Action Registry | JD Supra
JD Supra· 4 days agoThe CFPB issued its final rule, titled the Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final Rule, on June 3, 2024. The rule will require ...
Contract Terms and Conditions Come Under CFPB Scrutiny | JD Supra
JD Supra· 2 days agoThe Consumer Financial Protection Bureau (CFPB or Bureau) has issued a circular warning covered persons that including unlawful or unenforceable terms and conditions in consumer ...
CFPB Issues Final Rule on Nonbank Registration of Enforcement Orders | JD Supra
JD Supra· 3 days agoOn June 3, the Consumer Financial Protection Bureau (CFPB or Bureau) issued its final rule requiring covered nonbanks to register enforcement orders, and it is a doozy. Not ...
New CFPB Interpretive Rule to Regulate BNPL | JD Supra
JD Supra· 4 days agoThe Consumer Financial Protection Bureau (CFPB ) has issued an interpretive rule stating that Buy Now, Pay Later (BNPL) loan providers are "card issuers" under Subpart B of ...