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Supreme Court To Enter Into Judgment Upholding CFPB Rule
National Mortgage Professional· 4 days agoA long-awaited regulation protecting consumers from loan sharks will likely be put in place early...
Director Rohit Chopra continues to dismiss arguments that the CFPB is unlawfully funded out of...
JD Supra· 5 days agoOn June 13, 2024, CFPB Director Rohit Chopra appeared before the House Financial Services Committee for a hearing, “The Semi-Annual Report of the Bureau of Consumer Financial ...
The Supreme Court’s Notable Cases of the 2023-24 Term
The Wall Street Journal· 2 hours agoThe Supreme Court is entering the final days of a term that has included blockbuster cases about...
CFPB bans medical debt in credit reporting decisions | JD Supra
JD Supra· 4 days agoOn June 11, the CFPB released a proposed rule to ban obtaining or using medical information for credit eligibility determinations. Specifically, the proposed rule would amend ...
CFPB Aims to End the Use of Medical Debt Information in Making Credit Determinations and in Credit...
The National Law Review· 2 days agoOn June 11, 2024, the Consumer Financial Protection Bureau (CFPB) published a Notice of Proposed Rulemaking (NPRM) to ban the inclusion of medical bills in consumer credit reports.
CFPB Announces “Payday Loan” Rule to Take Effect Next Year | JD Supra
JD Supra· 5 days agoLast week, the Consumer Financial Protection Bureau (CFPB) announced that its so-called “Payday, Vehicle Title and Certain High-Cost Installment Loans” rule (Rule) will go ...
CFPB Proposes Rule to Transform Credit Reporting Practices on Medical Debt | JD Supra
JD Supra· 5 days agoOn June 11, the CFPB announced a proposed rule amending Regulation V, which implements the Fair Credit Reporting Act, to alter the treatment of medical debts in credit reporting ...
Fifth Circuit (again) rejects transfer of credit card late fee case to D.C. | JD Supra
JD Supra· 2 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 ...
Wall Street Journal: The cost of forgiving medical debt
The Times of Northwest Indiana· 1 day agoThe Biden administration is canceling student loans and easing mortgage payment terms. Now the...
JD Supra: U.S. Supreme Court rules CFPB funding structure is constitutional
JD Supra· 2 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 ...