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Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
PYMNTS.com· 15 hours agoThe government’s new rule that would limit credit card late fees has been blocked by a federal judge...
CFPB Announces Proposed Rule Regarding Nonsufficient Funds Fees
The National Law Review· 1 day agoCovered financial institutions include banks, savings associations, credit unions, and people who...
JD Supra: CFPB issues new circular on deceptive practices in connection with marketing remittance...
JD Supra· 18 hours agoThe CFPB issued a new circular advising remittance transfer providers that false advertising about the cost or speed of sending remittance transfers can be considered a violation ...
Legal Decision Expected Today Regarding Implementation of CFPB Rule Reducing Credit Card Late Fees
The National Law Review· 21 hours agoThis rule comes on the heels of the CFPB and Federal Trade Commission (FTC) submitting an amicus...
CFPB’s $8 Credit Card Late Fee Cap Paused by Texas Federal Judge
Bloomberg Law· 17 hours agoJudge Mark T. Pittman of the US District Court for the Northern District of Texas on Friday issued a preliminary injunction pausing the credit card late fee rule because the US Court of Appeals ...
Ahead of trial date in HMDA case, Freedom Mortgage and CFPB face hurdles - HousingWire
HousingWire· 20 hours agoThe Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by...
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
CNBC· 2 days agoA Consumer Financial Protection Bureau regulation that promised to save Americans billions of...
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
CNBC· 15 hours agoA federal court on late Friday approved the industry's last-minute legal effort to pause the...
JD Supra: CFPB Casts Larger Net over Credit Data Brokers, Furnishers, and Reporting Agencies.
JD Supra· 2 days agoIn the first week of April, CFPB Director Rohit Chopra delivered remarks at the White House on increasing credit and financial data protection and regulation</ ...
CFPB’s Credit Card Late Fee Rule May Be a Windfall for BNPL Providers
PYMNTS.com· 2 days agoThe typical late fees charged by issuers will be lowered from $32 to about $8. The CFPB estimated...
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