The Consumer Financial Protection Bureau (“CFPB”) has updated respective sections of Regulation C with new Home Mortgage Disclosure Act (“HMDA”) volume reporting thresholds. The 2015 Final Rule required that lenders ...
On December 7th, 2022, the Consumer Financial Protection Bureau (“CFPB”) published a notice of intent to make a determination that New York State commercial financing laws and similar laws in ...
California recently enacted the Military and Veteran Consumer Protection Act of 2022 (MVCPA), this act will have an effective date of January 1st, 2023. The act is meant to enhance ...
On November 21st the Consumer Financial Protection Bureau (“CFPB”) and the Federal Trade Commission (“FTC”) filed a joint amicus brief in the Eleventh Circuit Court of Appeals. The brief is ...
On November 29th, 2022, the Federal Housing Finance Agency announced it will raise conforming loan limits for mortgages that are to be acquired by Fannie Mae or Freddie Mac in 2023. ...
The CFPB posted a blog article seeking input to build a new auto lending data set. According to the post, there is currently $1.5 trillion in outstanding auto loan debt. ...
On October 26, 2022, the Consumer Financial Protection Bureau (CFPB) issued guidance on deposit account “junk fees” as part of its overall initiative to reduce or eliminate certain fees charged ...
The Consumer Financial Protection Bureau (CFPB) issued the Fall 2022 edition of its Supervisory Highlights report. This edition covers examination topics the CFPB identified for the period of January through ...
The Consumer Financial Protection Bureau (CFPB) has filed a petition for writ of certiorari asking the U.S. Supreme Court to review the decision of the Fifth Circuit Court of Appeals ...
The CFPB released a compliance bulletin advising that blanket policies of charging Returned Deposit Item fees to consumers for all transactions no matter the consumers' circumstances of the transaction or ...