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CFPB Creates Corporate Nonbank Enforcement Registry | JD Supra
JD Supra· 7 days agoThe centralized repository would assist the CFPB and law enforcement in detecting patterns of misbehavior and recidivism adversely affecting consumers.
A reply to Professor Sovern’s arguments as to why the Fed, notwithstanding its losses, can still...
JD Supra· 7 days agoAlthough neither the CFPB, the Federal Reserve Board, nor the Treasury has responded to Professor Emeritus Hal Scott’s op-ed on May 20 in the Wall Street ...
CFPB warns financial institutions: Be careful of using unlawful 'fine print' - CUInsight
CUInsight.com· 6 days agoCredit unions and other financial institutions had better be careful about what they place in the...
Opinion: The credit reporting system shouldn’t punish Americans for getting sick | CNN
CNN.com· 11 hours agoEditor’s Note: Rohit Chopra is director of the Consumer Financial Protection Bureau. Millions of...
CFPB proposes final rule for registering nonbanks for supervision | JD Supra
JD Supra· 7 days agoOn June 3, the CFPB issued a final rule to require the registration and reporting of nonbank financial institutions that have been subject to public orders ...
CFPB finalizes standards setting body component of open banking rule | JD Supra
JD Supra· 6 days agoOn June 5, the CFPB announced it finalized in part its proposed Personal Financial Data Rights rule, thus establishing the minimum qualifications necessary ...
Supreme Court To Enter Into Judgment Upholding CFPB Rule
National Mortgage Professional· 9 hours agoA long-awaited regulation protecting consumers from loan sharks will likely be put in place early...
Medical debt could disappear from credit reports. The problem is getting it to disappear where it...
Market Watch· 6 days agoIf finalized, the CFPB rule would remove up to $49 billion in medical debts from the records of 15...
CFPB Releases Proposal to Remove Medical Debt from Credit Reports | JD Supra
JD Supra· 5 days agoThe rulemaking reflects CFPB Director Rohit Chopra’s longstanding view that medical debt has “relatively limited predictive value” in credit reporting, which has been disputed by financial services ...
Chopra Delivers Testimony to Congress on Semi-Annual Report | JD Supra
JD Supra· 17 hours agoOn June 12, 2024, CFPB Director Chopra appeared before the Senate Banking Committee for a hearing, “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress.” On June 13, 2024 ...