Data Privacy

The Consumer Financial Protection Bureau asked a federal court to vacate the agency’s data privacy rule, implementing Sec. 1033 of the Dodd Frank Act. The bureau’s arguments against its own rule paralleled those expressed by its most ardent detractors. Read on »

The Consumer Financial Protection Bureau added to mounting criticism claiming it is more focused on serving the interests of big business than protecting consumers after the agency withdrew its notice of proposed rulemaking (NPRM), “Protecting Americans from Harmful Data Broker Practices (Regulation V).” Read on »

A bipartisan coalition of 40 state attorneys general wrote to Congress opposing legislation that would prevent states from enacting or enforcing laws or regulations on artificial intelligence and automated decision-making systems for 10 years. Read on »

The Consumer Financial Protection Bureau withdrew its notice of proposed rulemaking designed to prevent harmful information-sharing practices by data brokers. The bureau’s interim leadership determined the proposal did not align with the agency’s current policy interpretations or objectives. Read on »

If you have ever wondered how artificial intelligence stuff works, you are not alone. Listen and learn as author and futurist Brian Carter discusses one of the biggest tech revolutions in decades on the Keys to Real Estate podcast and why he believes it is more than just hype. Be sure to catch his presentation at the 2025 National Settlement Services Summit in Pittsburgh. Read on »

Most revolutionary innovations in human history have followed a similar pattern. There is an immediate surge of astronomical expectations followed by a proverbial trough of disillusionment. The latter is where Keith Fulton, chief data officer at Jack Henry, believes artificial intelligence (AI) currently resides. But, soon enough, he predicts it will revolutionize industry in much the same way “iron horses,” also known as “trains,” did in the 1800s. Read on »

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 »

Real estate finance professionals welcomed the reintroduction of legislation in the House and Senate aimed at eradicating the use of trigger leads in the real estate marketplace. The bills are the latest in a long series of bipartisan attempts to do so over the past half decade. Read on »

Pacific Residential Mortgage, LLC, reported a data breach to the California Attorney General on March 25, stemming from a ransomware attack against the Oregon-based mortgage company. Read on »

Western Alliance Bank reported a data breach involving a third-party vendor’s file transfer software, which exposed some customer personal information. The independent mortgage broker said although personal information was compromised, there is currently no evidence of fraud or identity theft resulting from the incident. Read on »