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Fifth Circuit (again) rejects transfer of credit card late fee case to D.C. | JD Supra
JD Supra· 5 days agoOn June 19, 2024, the Fifth Circuit dissolved the district court’s order transferring the case challenging the CFPB’s credit card late fee rule. In granting the writ of mandamus ...
Overview of The CFPBs Proposed Open Banking Rule and Final Industry Standard Setting Rule
The National Law Review· 5 days agoThe financial services and banking industry landscape continues to evolve in the face of new and...
JD Supra: CFPB Sues Fintech for Deceptive Practices Surrounding Tipping Service
JD Supra· 6 days agoOn May 17, the CFPB filed a lawsuit against a California-based fintech that operates a nationwide website and mobile-application based peer-to-peer lending platform through ...
Payday Lending Rule Slated to Take Effect, 7 Years Later
The National Law Review· 3 days agoOn June 14, the CFPB published a press release announcing that its 2017 Payday, Vehicle Title and...
JD Supra: U.S. Supreme Court rules CFPB funding structure is constitutional
JD Supra· 6 days agoOn May 16, the U.S. Supreme Court ruled 7-2 that the funding structure of the CFPB was consistent with the Constitution’s appropriations clause, reversing a decision of the ...
JD Supra: CFPB to extend 1071 rule compliance deadlines
JD Supra· 6 days agoOn May 17, the CFPB announced it is extending the compliance deadlines for the small business lending rule (Section 1071 of Dodd-Frank, the “1071 rule”), which will require ...
Companies Using AI for Home Appraisals Hit With Final Rule
Bloomberg Law· 12 hours agoA rule from the Consumer Financial Protection Bureau and five other regulators aimed at reducing bias would require those companies to adopt procedures “designed to ensure a high level of confidence ...
Medical debt could vanish from credit reports. What to do now
Detroit News· 2 days agoThe rule would also forbid lenders from basing their lending decisions on medical information....
Wall Street Journal: The cost of forgiving medical debt
The Times of Northwest Indiana· 5 days agoThe Biden administration is canceling student loans and easing mortgage payment terms. Now the...
These student-loan borrowers qualify for debt cancellation through the government, but they're...
Business Insider· 3 days agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
