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Ahead of trial date in HMDA case, Freedom Mortgage and CFPB face hurdles - HousingWire
HousingWire· 6 days agoThe Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by...
Legal Decision Expected Today Regarding Implementation of CFPB Rule Reducing Credit Card Late Fees
The National Law Review· 6 days agoThis rule comes on the heels of the CFPB and Federal Trade Commission (FTC) submitting an amicus...
Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
PYMNTS.com· 5 days agoThe government’s new rule that would limit credit card late fees has been blocked by a federal judge...
Mortgage brokers sent people’s estimated credit, address, and veteran status to Facebook
USA TODAY via Yahoo Finance· 21 hours agoRepresentatives for the FTC and the CFPB declined to comment. Natalie Loebner, a consultant and former Justice Department trial attorney who has litigated financial cases, ...
Can I get a car loan? High rates, regulatory uncertainty hurt Americans' ability to borrow
USA TODAY Opinion· 1 day agoCreated by the Dodd-Frank Act in 2010, the CFPB was supposed to ensure a financial marketplace that...
Renewed Federal Scrutiny for Nonbank Mortgage Companies
The National Law Review· 15 hours agoBased on a recent report from the Financial Stability Oversight Council (FSOC), nonbank mortgage...
Wiley Consumer Protection Download (May 14, 2024) | JD Supra
JD Supra· 24 hours agoOn April 30, the FTC and Federal Communications Commission (FCC) signed a new Memorandum of Understanding (MOU) outlining the agencies’ cooperation on consumer protection matters. The MOU follows ...
Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024 # 2 | JD Supra
JD Supra· 24 hours agoOn May 10, the House Financial Services Committee announced that the House Committee on Rules will consider the Financial Innovation and Technology Act for the 21st Century Act (FIT Act), a ...
Financially Struggling Consumers Twice as Likely to Hit Credit Card Limit
PYMNTS.com· 6 days agoMany consumers hit their credit card limit at least sometimes, and for consumers struggling to get...
EarnUp Unveils Text-to-Pay for Mortgage Payments
PYMNTS.com· 6 days agoFinTech-as-a-Service firm EarnUp is enhancing its platform to expand mortgage payment methods. Lenders and servicers using EarnUp’s platform can now...