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CFPB Proposes Interpretive Rule for Earned Wage Access Products
The National Law Review· 2 days agoOn July 18, 2024, the Consumer Financial Protection Bureau (CFPB) issued a Proposed Interpretive Rule and Request for Comment (Proposed Rule) addressing credit products in ...
CFPB director open to changing mortgage regs to fix refi process
HousingWire via Yahoo Finance· 1 day agoWe’re also looking at identifying ways to jumpstart competition in certain closing cost categories,...
House Republican introduces resolution to nullify CFPB non-bank registry rule | JD Supra
JD Supra· 23 hours agoAndy Ogles, R-Tenn., on August 30, 2024 introduced in the House of Representatives a resolution under the Congressional Review Act (CRA) that would nullify the CFPB’s final ...
Bradley Comment Letter Highlights Questions Regarding the CFPB’s Statutory Authority to Issue...
The National Law Review· 5 days agoOn July 10, 2024, the Consumer Financial Protection Bureau (CFPB) released a proposal to amend the existing mortgage servicing rules in Regulation X.
CFPB Says Debt Collectors Try to Collect on Already-Paid Medical Bills | PYMNTS.com
PYMNTS.com· 5 days agoThe Consumer Financial Protection Bureau (CFPB) has found that debt collectors are using illegal...
Troutman Pepper Weekly Consumer Financial Services Newsletter - September 2024 | JD Supra
JD Supra· 1 day agoOn August 29, the Consumer Financial Protection Bureau (CFPB) announced it had entered into a consent order with NewDay USA, a Florida-based non-bank direct mortgage lender ...
California Attorney General Supports Rules to Help Homeowners Stay in Their Homes, Avoid Foreclosure...
Sierra Sun Times· 8 hours agoOAKLAND — California Attorney General Rob Bonta, along with 19 attorneys general, today submitted a...
CFPB Penalizes VA Lender for Misrepresenting Cost of Cash-Out Refinance Loans | JD Supra
JD Supra· 2 days agoOn August 29, the CFPB issued a consent order against a non-bank direct mortgage lender for misrepresenting the cost of its cash-out refinance loans, which are guaranteed ...
CFPB Takes Action Against Fay Servicing for Alleged Violations of Mortgage Servicing Laws and Prior...
JD Supra· 6 days agoOn August 21, 2024, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against Fay Servicing, a nonbank mortgage servicer, for alleged violations ...
CFPB Proposes to Designate Earned Wage Access Products as Loans | JD Supra
JD Supra· 5 days agoPaycheck advance products that are deemed consumer loans under the CFPB’s new proposal would be subject to increased disclosure and regulatory protections. The Consumer Financial ...