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CFPB creates public database of nonbank repeat offenders - HousingWire
HousingWire· 5 days agoThe Consumer Financial Protection Bureau (CFPB) is creating a public database to identify nonbank...
CFPB issues UDAAP guidance on contracts for consumer financial products and services | JD Supra
JD Supra· 3 days agoOn June 4, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued a Consumer Financial Protection Circular 2024-03 (“Circular”) warning that...
CFPB Expands ‘Junk Fee’ Crackdown to Mortgage Closing Costs | JD Supra
JD Supra· 2 days 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 ...
CFPB Launches Public Inquiry into Rising Mortgage Closing Costs and ‘Junk Fees’
The National Law Review· 4 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 ...
Contract Terms and Conditions Come Under CFPB Scrutiny | JD Supra
JD Supra· 2 days 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 ...
CFPB Applies Consumer Credit Card Protections to Buy Now, Pay Later Plans | JD Supra
JD Supra· 4 days agoBuy Now, Pay Later (“BNPL”) payments are often presented by retailers and BNPL lenders to consumers as an alternative to traditional credit card...
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
PYMNTS.com· 5 days agoThe Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of...
CFPB Issues Final Rule on Nonbank Registration of Enforcement Orders | JD Supra
JD Supra· 3 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 ...
CFPB Issues Final Rule Creating Nonbank Enforcement Action Registry | JD Supra
JD Supra· 3 days agoThe CFPB issued its final rule, titled the Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final Rule, on June 3, 2024. The rule will require ...
New CFPB Interpretive Rule to Regulate BNPL | JD Supra
JD Supra· 4 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 ...