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17 Feb 2023, 6:20 am by SCOTUSblog
Supreme Court weighs YouTube’s algorithms, ‘litigation minefield’ looms (Andrew Chung, Reuters) Consumer Financial Protection Bureau’s fate is again in the hands of the Supreme Court (Joan Biskupic, CNN) The Supreme Court finally gets a shot at Biden’s student-loan lawlessness (George F. [read post]
16 Feb 2023, 9:05 pm by Devontae Torriente
The SEC also proposed a rule that would protect financial assets that investment advisers manage for clients. [read post]
16 Feb 2023, 3:56 am by David Klein
The Consumer Financial Protection Bureau (“CFPB” or “Agency”) is a U.S. government agency charged with ensuring that consumers are treated fairly by banks, lenders, and other financial institutions. [read post]
15 Feb 2023, 11:00 am by Geoff Schweller
These agencies included the Department of Labor, the Office of Personnel Management, the Consumer Financial Protection Bureau, and the Small Business Administration. [read post]
14 Feb 2023, 9:05 am by Kevin Kaufman
The reforms include: A flat tax of 20 percent on individual income combined with a generous family allowance to protect low-income households. [read post]
10 Feb 2023, 12:36 pm by Ioana Gorecki
The Dodd-Frank Wall Street Reform and Consumer Financial Protection Act (CFPA) granted the CFPB rulemaking authority for ECOA and also conferred the CFPB with supervisory and enforcement authority as to entities subject to CFPB jurisdiction. [read post]
The Consumer Financial Protection Bureau (CFPB) ended a more than decade-long hiatus since the last formal guidance regarding Section 8 of the Real Estate Settlement Procedures Act (RESPA) on February 7, 2023, by issuing its advisory opinion (the “Advisory Opinion”) aimed at referral activity relating to mortgage comparison websites. [read post]
9 Feb 2023, 9:05 pm by Zoe Stern
Environmental Protection Agency to determine fuel efficiency classifications. [read post]
9 Feb 2023, 1:49 pm by Jonathan L. Pompan
The Consumer Financial Protection Bureau (CFPB) has moved to curb digital mortgage comparison-shopping platforms from receiving referral fees, issuing an advisory opinion that outlines how companies violate the Real Estate Settlement Procedures Act (RESPA) when “they steer shoppers to lenders by using pay-to-play tactics rather than providing shoppers with comprehensive and objective information. [read post]
7 Feb 2023, 10:08 am by Daniel Miller
Court of Appeals for the District of Columbia Circuit recently reversed the ruling of a trial court and concluded that the Consumer Financial Protection Bureau’s Prepaid Rule, which regulates digital wallets and other prepaid accounts, does not mandate a “model clause” in violation of the Electronic Fund Transfer Act. [read post]
7 Feb 2023, 9:20 am by Erik L. Johnson
The Ninth Circuit Court of Appeals recently issued an Order vacating a nearly $8 million judgment won by the Consumer Financial Protection Bureau (CFPB) in its lawsuit against Nationwide Biweekly Administration, Inc. [read post]
6 Feb 2023, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently issued a notice of proposed rulemaking to amend Regulation Z (the Proposal), which implements the Truth in Lending Act (TILA), to better ensure that late fees charged on credit card accounts are “reasonable and proportional” to late payments as required under the Credit Card Accountability and Disclosure Act of 2009 (Card Act). [read post]
6 Feb 2023, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently issued a notice of proposed rulemaking to amend Regulation Z (the Proposal), which implements the Truth in Lending Act (TILA), to better ensure that late fees charged on credit card accounts are “reasonable and proportional” to late payments as required under the Credit Card Accountability and Disclosure Act of 2009 (Card Act). [read post]
6 Feb 2023, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently issued a notice of proposed rulemaking to amend Regulation Z (the Proposal), which implements the Truth in Lending Act (TILA), to better ensure that late fees charged on credit card accounts are “reasonable and proportional” to late payments as required under the Credit Card Accountability and Disclosure Act of 2009 (Card Act). [read post]
6 Feb 2023, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently issued a notice of proposed rulemaking to amend Regulation Z (the Proposal), which implements the Truth in Lending Act (TILA), to better ensure that late fees charged on credit card accounts are “reasonable and proportional” to late payments as required under the Credit Card Accountability and Disclosure Act of 2009 (Card Act). [read post]
6 Feb 2023, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently issued a notice of proposed rulemaking to amend Regulation Z (the Proposal), which implements the Truth in Lending Act (TILA), to better ensure that late fees charged on credit card accounts are “reasonable and proportional” to late payments as required under the Credit Card Accountability and Disclosure Act of 2009 (Card Act). [read post]
6 Feb 2023, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently issued a notice of proposed rulemaking to amend Regulation Z (the Proposal), which implements the Truth in Lending Act (TILA), to better ensure that late fees charged on credit card accounts are “reasonable and proportional” to late payments as required under the Credit Card Accountability and Disclosure Act of 2009 (Card Act). [read post]
6 Feb 2023, 3:33 pm by Seth Davis
Paypal argued that the Rule would confuse consumers by requiring it to list fees that were irrelevant to its business. [read post]
5 Feb 2023, 10:50 pm by Hyland Hunt
Consumer Financial Protection Bureau, No. 21-5057 (D.C. [read post]