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CFPB loses new bid to get credit card fee rule case out of Texas
Reuters· 1 day agos request to reconsider its ruling holding that a Texas judge wrongly transferred to Washington,...
What exactly goes into closing costs?
CNN Business via Yahoo Finance· 5 hours agoElevated interest rates and pricier listings have made it even harder to afford a new home. But there is an often-overlooked expense when buying a home:...
CFPB Takes on Credit Card Industry in Court
Bloomberg· 1 day agoRohit Chopra, director of the Consumer Financial Protection Bureau, talks about new rules that cap credit card late fees at $8. He says the credit card...
CFPB Bites of the Month - April 2024 - Won't Get Fooled Again, CFPB | JD Supra
JD Supra· 2 days agoIn this month's article, we share some of our top "bites" covered during the April 2024 webinar. There he discussed how the CFPB's Fair Credit Reporting Act (FCRA) enforcement ...
Did the CFPB Create New Obligations for Mortgage Servicers in Its Supervisory Highlights Report?
The National Law Review· 3 days agoWhile the Spring 2024 Supervisory Highlights report issued by the Consumer Financial Protection Bureau (CFPB) largely covered loss mitigation deficiencies and fee practices ...
CFPB Bemoans “Junk Fees” in Mortgage Servicing | JD Supra
JD Supra· 2 days agoOn April 24, 2024, the CFPB released its Supervisory Highlights, Mortgage Servicing Edition, (Issue 33, Spring 2024) which provides insight on the...
CFPB Crusade Continues: Mortgage Servicers and "Junk Fees" | JD Supra
JD Supra· 3 days agoContinuing its vigorous effort to eliminate so-called “junk fees,” and detailing other problematic mortgage servicer activities, the Consumer Financial Protection Bureau (CFPB
CFPB Updates its Procedures for Determining Which Nonbanks it Can Supervise | JD Supra
JD Supra· 6 days agoThe Consumer Financial Protection Bureau (CFPB) recently issued a new procedural rule to streamline how it determines which nondepository institutions it has the authority ...
Credit Card Late Fees Could Be Capped At $8 Soon | Bankrate
Bankrate.com· 1 day agoThe good news: There’s a new rule to cap credit card late fees that’s designed to save credit...
CFPB Files Cross-Motion for Summary Judgment in Texas Small Business Lending Rule Lawsuit | JD Supra
JD Supra· 6 days agoThe CFPB (or “Bureau”) filed a cross-motion for summary judgment in the lawsuit regarding the small business lending data collection and reporting rule, also known as the ...
