News

NerdWallet6h
The CFPB Is Still Standing … Barely. But Is It Doing Anything?
Republicans have long targeted the Consumer Financial Protection Bureau for elimination. It survives, for now, but has ...
JD Supra7h
CFPB Withdraws Rule to Eliminate State Enforcement Notification Requirements
On July 21, the CFPB withdrew its plan to repeal rules that provide procedures for state officials to notify the Bureau before initiating ...
Waterloo banker among plaintiffs suing Trump admin for blocking lending transparency rule
ReShonda Young, founder of a soon-to-launch Iowa bank, is suing the Consumer Financial Protection Bureau for delaying new ...
A New Proposal Could Lead to Relaxed Day-Trading Rules. But Is That a Good Idea?
Major broker-dealers including Fidelity, Robinhood want FINRA to relax day trading rules, including the $25,000-minimum requirement for margin accounts.
National Law Review23h
CFPB Terminates Consent Order Against Credit Union Early
On July 18, the CFPB terminated a 2024 consent order against a credit union after concluding that the entity had satisfied ...
HousingWire1d
LO comp reform: From channel conflict to consumer-centered change
As the mortgage industry debates LO Comp reform, professionals argue it’s time for modernization that protects consumers and ...
A judge blocked a rule to drop medical debt from credit reports. What now?
A federal judge blocked a rule from the Consumer Financial Protection Bureau that would have stopped medical bills from ...
A rule lifting medical debt from credit scores was voided. What will change?
An estimated one-fifth of U.S. households have medical debt on their credit reports, a burden that makes it more expensive ...
JD Supra4d
CFPB Settles First Action Under New Leadership: Current State of the CFPB and a Look Ahead
The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) has seen significant changes since President Donald Trump fired former Director ...