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Results 1 - 10 of 2081 |
Posted Date: Friday, May 9, 2025
The Consumer Financial Protection Bureau moved for dismissal regarding multiple claims cited in a lawsuit challenging the legality of its final rule prohibiting medical debt information from being considered in credit decisions. Read on »
Posted Date: Friday, May 9, 2025
In the agency’s latest announcement regarding its enforcement and supervisory priorities, the Consumer Financial Protection Bureau said it will not prioritize oversight of “Buy Now, Pay Later” (BNPL) loan providers. The bureau also is considering further action related to its new policy position on BNPL products. Read on »
Posted Date: Tuesday, May 6, 2025
As part of the ongoing budget reconciliation process in Congress, the House Financial Services Committee voted along party lines to approve a resolution to greatly reduce funding for the Consumer Financial Protection Bureau and to no longer allow the bureau to retain unspent funds in its civil penalty fund from year-to-year. Read on »
Posted Date: Tuesday, May 6, 2025
The Consumer Financial Protection Bureau announced it will not prioritize enforcement or supervisory actions with respect to its small business lending rule. The bureau framed the move as a measure of fairness toward companies not covered by a court-imposed stay on the rule’s compliance deadlines. Read on »
Posted Date: Friday, May 2, 2025
The D.C. Circuit Court of Appeals directed the Consumer Financial Protection Bureau on April 28 to continue to hold off implementation of a sweeping reduction in force (RIF) order, pending a ruling on the Trump administration’s appeal of a preliminary injunction resulting from a lawsuit filed by the National Treasury Employees Union in March over the RIF. Read on »
Posted Date: Friday, May 2, 2025
A new set of predatory lending allegations have been brought against Vanderbilt Mortgage & Finance, Inc., months after the Consumer Financial Protection Bureau dropped similar charges against the Berkshire Hathaway subsidiary. Read on »
Posted Date: Tuesday, April 29, 2025
The Consumer Financial Protection Bureau dropped its appeal in a case in which PayPal Holdings, Inc., challenged a 2019 rule extending fee disclosure requirements for prepaid card products to digital wallets as well. Read on »
Posted Date: Tuesday, April 29, 2025
The Consumer Financial Protection Bureau announced the latest in a string of dropped court cases under the Trump administration with its decision to voluntarily dismiss a lawsuit against the holding company for Horizon Card Services and its CEO, alleging deceptive marketing strategies targeting low-income Americans. Read on »
Posted Date: Tuesday, April 22, 2025
Another chapter was written in the ongoing legal saga concerning the embattled Consumer Financial Protection Bureau last week. Shortly after a federal court partially lifted a court order preventing mass firings at the bureau, the Trump administration resumed its plans to gut the agency, prompting the courts to intervene again. Read on »
Posted Date: Thursday, April 17, 2025
The Federal Bureau of Investigation’s Boston division issued a warning to real estate professionals and borrowers about increasing reports of fraud targeting transactions across the Northeast. Read on »
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