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JD Supra: First Minnesota Court Decisions on Overdraft Fees Are Wins for Banks
JD Supra· 12 hours agoIn December 2021, the Consumer Financial Protection Bureau (CFPB) released research critiquing banks for charging overdraft and related fees to consumers, and the
CFPB Aims to to Speed Shift to Open Banking in the U.S.
PYMNTS.com· 3 days agoThe Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate...
Harvard fellow: CFPB's 'buy now, pay later' regulation isn't enough — nothing 'substantively...
CNBC· 6 days agoThe Consumer Financial Protection Bureau declared in May that buy now, pay later customers should...
Where to Begin With the CFPB's "Buy Now, Pay Later" Interpretative Rule... | JD Supra
JD Supra· 5 days agoAlthough BNPL has conventionally been considered outside of Regulation Z's scope, the CFPB applies Regulation Z by characterizing digital ...
CFPB Applies Credit Card Rules to 'Buy Now, Pay Later' Lenders | JD Supra
JD Supra· 4 days agoGiven that traditional BNPL products do not involve a finance charge and are repayable in four or fewer installments, many provisions of Regulation Z do not apply to BNPL ...
CFPB Issues Interpretive Rule Classifying BNPL Products as ‘Credit Cards’
The National Law Review· 5 days agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a significant Interpretive...
CFPB Supreme Court Decision Protects Consumer Protection Whistleblowers
The National Law Review· 3 days agoCongress created the CFPB in the wake of the 2008 financial crisis to unify the enforcement of 18...
Mortgage closing fees are in the hot seat. Here's why feds are looking into them.
CBS News via Yahoo Finance· 19 hours agoThat's up from $4,889 in 2021. The agency is investigating whether mortgage fees have climbed too...
JD Supra: Director Chopra issues statement on FDIC/OCC/FHA proposal on incentive-based compensation...
JD Supra· 1 day agoCFPB Director Rohit Chopra has released a statement about the proposal issued by the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and ...
CFPB issues warning on ‘fine-print tactics‘ used to ‘trick‘ consumers
HousingWire via Yahoo Finance· 5 days agoOn Tuesday, the CFPB released a circular warning companies that use "fine-print tactics to trick...