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CFPB creates registry to detect corporate repeat offenders
Retail Banker International via Yahoo Finance· 3 days agoThe Consumer Financial Protection Bureau (CFPB) has established a registry to detect and deter...
CFPB Issues Final Rule on Nonbank Registration of Enforcement Orders | JD Supra
JD Supra· 2 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 ...
Navient debuts private student loan forgiveness, and other student loans news
Bankrate via Yahoo Finance· 13 hours agoSelect private student loan borrowers may be eligible for student loan forgiveness through former...
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...
CFPB says SCRA-related complaints are increasing | JD Supra
JD Supra· 2 days agoOn May 23, the CFPB published a blog post reporting that complaints from servicemembers, veterans, and their families significantly increased, with the total number of complaints ...
CFPB’s New Interpretive Rule Takes Aim at BNPL Payment Plans: Practical Takeaways | JD Supra
JD Supra· 2 days agoThis interpretive rule is the first step the CFPB has taken to regulate the growing BNPL industry. The CFPB is accepting comments on this interpretive rule ...
New CFPB Interpretive Rule to Regulate BNPL | JD Supra
JD Supra· 3 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 ...
CFPB Launches Public Inquiry into Rising Mortgage Closing Costs and ‘Junk Fees’
The National Law Review· 3 days agoThe Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into rising mortgage closing costs, seeking to understand the reasons behind the increase, identify ...
CFPB Establishes New Obligations for Covered Nondepository Institutions Subject to Judicial or...
JD Supra· 2 days agoThe Bureau’s new rule creates a public registry of such orders dating back to January 1, 2017. It requires covered entities to submit the orders and information about them to populate the registry ...
CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print
PYMNTS.com· 3 days agoThe Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or...