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Supreme Court Upholds Constitutionality of CFPB’s Funding Mechanism | JD Supra
JD Supra· 5 days agoWith these words, seven members of the Supreme Court upheld the constitutionality of the Consumer Financial Protection Bureau’s funding mechanism and forestalled the possibility that years of ...
CFPB Orders Western Benefits Group to Cease Operations, Pay $400,000
PYMNTS.com· 5 days agoThe agency’s order also rescinds all the company’s existing agreements with consumers, the CFPB said...
U.S. Supreme Court Holds CFPB Funding Structure Constitutional | JD Supra
JD Supra· 5 days agoOn May 16, 2024, the U.S. Supreme Court held in a 7-2 decision that the funding structure of the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) complies with the ...
CFPB to extend 1071 rule compliance deadlines | JD Supra
JD Supra· 5 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 ...
Affirm, PayPal, Square Stocks Are Dropping. A New CFPB Rule Could Be Why.
Barrons.com· 3 days agoA trio of payment stocks were trading lower Wednesday after the Consumer Financial Protection Bureau...
JD Supra: CFPB’s Frotman speaks on medical debt collections and rental financial products
JD Supra· 3 days agoOn April 11, the General Counsel of the CFPB, Seth Frotman, delivered a speech at the National Consumer Law Center/National Association of Consumer Advocates Spring Training ...
CFPB Issues Order Against Student Loan Debt Relief Telemarketer | JD Supra
JD Supra· 3 days agoThe Consumer Financial Protection Bureau ("CFPB") issued a consent order with a telemarketing company ("Company") that offers student loan debt relief services for alleged ...
CFPB Brings Lawsuit Against FinTech Company for its Alleged Deceptive Practices and for Allegedly...
JD Supra· 4 days agoCommunity Financial Services Association of America, Ltd., the Consumer Financial Protection Bureau ("CFPB") announced that it filed a lawsuit against a financial technology ...
Buy now, pay later companies must adhere to credit card standards, CFPB says - Maryland Daily Record
The Daily Record· 2 days agoThe agency began an inquiry into the short-term lending industry two years ago, and it issued the...
CFPB issues letters in support of Connecticut and California bills on medical debt reporting;...
JD Supra· 3 days agoThe Consumer Financial Protection Bureau (CFPB) has issued two letters in support of state efforts to prohibit medical debt reporting. In March 2024, CFPB