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CFPB Proposes Rule to Transform Credit Reporting Practices on Medical Debt | JD Supra
JD Supra· 6 days agoOn June 11, the CFPB announced a proposed rule amending Regulation V, which implements the Fair Credit Reporting Act
CFPB issues proposal to prohibit use of medical debt information in credit decisions | JD Supra
JD Supra· 5 days agoThe proposal would also generally prohibit consumer reporting agencies (CRAs) from including medical debt information on...
CFPB Aims to End the Use of Medical Debt Information in Making Credit Determinations and in Credit ...
The National Law Review· 4 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.
Weitz Analyst Corner: An Introduction to Equifax
GuruFocus.com via Yahoo Finance· 6 days agoA credit file represents an individual's complete borrowing and repayment history across all...Lenders pay the credit bureau a small fee each time they ...
CFPB Proposes Rule Removing Medical Bills From Credit Reports | JD Supra
JD Supra· 6 days agoOn June 11, 2024, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule that would generally prohibit lenders from considering medical debt information when determining a consumer ...
Minnesota Makes 19: Will Rhode Island’s Privacy Law Replace Vermont’s Vetoed Privacy Law as #20?
The National Law Review· 2 days agoIn a final push before adjourning for the summer, state legislators across the country contemplated consumer privacy laws. One – Minnesota’s state legislature passed the Minnesota Consumer Data ...
JD Supra: SCOTUS Upholds CFPB Funding Mechanism
JD Supra· 4 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does not violate the ...
Overview of The CFPBs Proposed Open Banking Rule and Final Industry Standard Setting Rule
The National Law Review· 3 days agoThe financial services and banking industry landscape continues to evolve in the face of new and...
Outline CRR III / CRD VI - Final Basel III Standards | JD Supra
JD Supra· 2 days agoThe Basel III standards comprise a package of reforms that were largely agreed by the Basel Committee on Banking Supervision ("BCBS") in December 2017 and set out in the BCBS standard "Basel ...
Proposed Regulations on Loans of Cash and Property from Foreign Trusts | JD Supra
JD Supra· 2 days agoOn May 8, 2024, the Treasury Department issued proposed regulations regarding the classification, taxation, and reporting of foreign trusts. In this post, we’ll take a look at the proposed regulations for section 643(i).
