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CFPB loses new bid to get credit card fee rule case out of Texas
Reuters· 12 hours agos request to reconsider its ruling holding that a Texas judge wrongly transferred to Washington,...
CFPB Takes on Credit Card Industry in Court
Bloomberg· 11 hours 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 Bemoans “Junk Fees” in Mortgage Servicing | JD Supra
JD Supra· 1 day agoOn April 24, 2024, the CFPB released its Supervisory Highlights, Mortgage Servicing Edition, (Issue 33, Spring 2024) which provides insight on the...
CFPB issues new report on price complexity and highlights implications for junk fees initiative | JD...
JD Supra· 1 day agoAs part of its junk fees initiative, the CFPB released a new report, “Price Complexity in Laboratory Markets.” In its press release about the report, ...
‘Too Big to Fail’ Banks Have Unfair Advantage, CFPB Chief Says
Bloomberg· 9 hours agoThe US banking landscape needs to be more of a level playing field, as fewer financial choices means...
JD Supra: Attorney General Alliance Meeting Recap: Focus on Director Chopra’s Remarks
JD Supra· 13 hours agoAttorney General and Attorney General Alliance Chair Aaron Ford’s Initiative, focusing on consumer protection education. Director Chopra began by complimenting the State AGs for their important ...
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? |...
JD Supra· 2 days agoWhile the Spring 2024 Supervisory Highlights report issued by the Consumer Financial Protection Bureau (CFPB) largely covered loss mitigation deficiencies and fee practices ...
These Are Junk Fees | JD Supra
JD Supra· 1 day agoIn the Consumer Financial Protection Bureau’s (“CFPB’s”) most recent Supervisory Highlights, published on April 24th, the agency identified a wide variety of fees that were ...
Credit Card Late Fees Could Be Capped At $8 Soon | Bankrate
Bankrate.com· 17 hours agoThe good news: There’s a new rule to cap credit card late fees that’s designed to save credit...
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