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CFPB Expands ‘Junk Fee’ Crackdown to Mortgage Closing Costs | JD Supra
JD Supra· 20 hours 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 ...
Contract Terms and Conditions Come Under CFPB Scrutiny | JD Supra
JD Supra· 20 hours 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 ...
House Subcommittee approves bill that would change CFPB structure, funding - CUInsight
CUInsight.com· 4 hours agoThe FY25 Financial Services appropriations bill, which was approved by the House Financial Services...
Consumer Finance Monitor Podcast Episode: Did the Supreme Court Hand the CFPB a Pyrrhic Victory? |...
JD Supra· 20 hours agoCFPB really hands the CFPB a winning outcome, or does the Court’s validation of the agency’s statutory funding structure simply open up another question ...
CFPB issues warning on ‘fine-print tactics‘ used to ‘trick‘ consumers
HousingWire via Yahoo Finance· 2 days agoOn Tuesday, the CFPB released a circular warning companies that use "fine-print tactics to trick...
CFPB Issues Interpretive Rule Classifying BNPL Products as ‘Credit Cards’
The National Law Review· 3 days agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a significant Interpretive...
CFPB Launches Directory Of Scofflaws, Establishes Repeat Offender Unit | Crowdfund Insider
Crowdfund Insider· 3 days agoThe Consumer Financial Protection Bureau (CFPB) is launching a new public directory to detect repeat...
CFPB Applies Credit Card Rules to 'Buy Now, Pay Later' Lenders | JD Supra
JD Supra· 2 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 loans, as the
CFPB issues UDAAP guidance on contracts for consumer financial products and services | JD Supra
JD Supra· 2 days agoOn June 4, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued a Consumer Financial Protection Circular 2024-03 (“Circular”) warning that...
Harvard fellow: CFPB's 'buy now, pay later' regulation isn't enough — nothing 'substantively...
CNBC· 4 days agoThe Consumer Financial Protection Bureau declared in May that buy now, pay later customers should...