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CFPB takes action against repeat offender Freedom Mortgage Corporation
Retail Banker International via Yahoo Finance· 3 hours agoCFPB has the authority to take action against non-bank financial institutions. This includes...
CFPB Proposed Rule Banning Reporting of Medical Debt | JD Supra
JD Supra· 6 days agoOn June 11, the Consumer Financial Protection Bureau (CFPB or Bureau) released a proposed rule amending Regulation V, which implements ...
CFPB Releases Proposal to Remove Medical Debt from Credit Reports | JD Supra
JD Supra· 6 days agoOn June 11, 2024, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would introduce sweeping changes to the process of medical debt credit ...
Buy now, pay later products to be treated like credit cards, CFPB says
FOX Business· 6 days agoAs a result, BNPL lenders must follow the federal Truth in Lending Act (TILA) and Regulation Z rules...
Chopra Delivers Testimony to Congress on Semi-Annual Report | JD Supra
JD Supra· 2 days agoOn June 12, 2024, CFPB Director Chopra appeared before the Senate Banking Committee for a hearing, “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress ...
Even if Medical Debt Isn't on Your Credit Report, It Can Drag Down Your Credit
US News & World Report· 1 day agoA proposed rule from the Consumer Financial Protection Bureau would remove medical bills from most credit reports. The CFPB's proposed ruling would not ...
Banks Should Continue to Prep for CFPB Data Rule Rollout | JD Supra
JD Supra· 5 days agoCompanies that fall within the definition of “data provider” are expected by this fall to be required to comply with the Consumer Financial Protection Bureau’s proposed rule
Proposed rule would wipe medical debt from credit scores
Healthcare Dive via Yahoo Finance· 5 days agoThe vice president also called for states to increase oversight of their nonprofit health systems’...
JD Supra: Troutman Pepper Weekly Consumer Financial Services Newsletter
JD Supra· 4 days agoOn May 10, the House Financial Services Committee announced that the House Committee on Rules will consider the Financial Innovation and Technology Act for the 21st Century Act (FIT Act), a ...
Stretch Your Dollar: How new CFPD proposal could ban unpaid medical debt
WTNH-TV New Haven· 7 days agoWe all know how important your credit score is, now there is a proposal that could help boost scores by removing one category of debt from the equation. We are Stretching Your Dollar with how it wo…