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  • Article

    CFPB And Federal Reserve Finalize 2026 Inflation Adjustments To Consumer Leasing And Truth In Lending Coverage Thresholds

    On December 15, the Board of Governors of the Federal Reserve System and the CFPB issued joint final rules amending the official interpretations to their regulations implementing the Consumer Leasing Act...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB And FTC Argue Consumer Reporting Companies Have An Obligation To Correct Errors In Joint Amicus Brief

    On March 29, the CFPB and the FTC jointly filed an amicus brief with the Eleventh Circuit in a matter involving a dispute under the Fair Credit Reporting Act.
    United StatesFinance and Banking
Sheppard
Sheppard
  • Article

    CFPB And Pawn Store Operator To Settle MLA Suit

    On May 30, the CFPB and a national pawn store operator filed a joint status report in the U.S. District Court for the Northern District of Texas announcing that they have reached an agreement to resolve a 2021 Bureau lawsuit alleging violations of the Military Lending Act (MLA) and a 2013 CFPB consent order.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB, DOJ Propose $22 Million Penalty Against Nonbank Mortgage Lender For Illegal Redlining

    On July 27, the CFPB and DOJ proposed a settlement with a nonbank mortgage lender for its discriminatory "redlining" lending practices against minority families living in the greater Philadelphia area.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Drops Lawsuit Against Lease-to-Own Fintech Following Adverse Credit Ruling

    On May 27, the CFPB filed a notice of dismissal with prejudice in its lawsuit against a lease-to-own fintech provider.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Drops Lawsuit Against Money Transmitter

    On April 8, a federal court granted the CFPB's motion to withdraw from its joint enforcement action against a global money transmitter. The lawsuit, originally filed in April 2022 in partnership with the New York Attorney General, alleged violations of the Electronic Fund Transfer Act (EFTA), including the Remittance Rule under its implementing Regulation E.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Files $3.95M Proposed Order To Settle HMDA Lawsuit Against Florida-Based Mortgage Company

    On June 18, the CFPB filed a proposed final judgment that would require a Florida-based nonbank mortgage originator and servicer to pay a $3.95 million civil money...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Finalizes 2026 Increase To Fair Credit Reporting Act Disclosure Fee Cap

    On December 15, the CFPB issued a final rule amending Regulation V under the Fair Credit Reporting Act to update the maximum amount a consumer reporting agency may charge a consumer for certain file disclosures.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Funding Cut Nearly 50% By "One Big Beautiful Bill Act"

    On July 4, the "One Big Beautiful Bill Act," was signed into law, which includes a provision to reduce the cap on the CFPB's annual funding.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Issues Consent Order To Taylor Homes Based On Sham Joint Venture Arrangement

    The Consumer Financial Protection Bureau recently issued a consent order to Paul Taylor Homes Limited, Paul Taylor Corp. and Paul Taylor individually based on the CFPB’s findings that Taylor entered into a sham joint venture arrangement with Benchmark Bank that resulted in Taylor receiving compensation for referrals in violation of Section 8 of RESPA.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Issues Guidance On Deceptive Practices By Remittance Transfer Providers

    On March 27, the CFPB issued Circular 2024-02, which warns that remittance providers may be liable under the CFPA for certain deceptive marketing...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Issues Summer 2020 Supervisory Highlights

    On June 29, the CFPB released its summer 2021 Supervisory Highlights. The findings of the report, which cover examinations that generally were completed between January 1, 2020 to December 31, 2020...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Orders Pawn Lender To Pay $9 Million For Alleged Military Lending Act Violations

    On July 11, 2025, the Consumer Financial Protection Bureau (CFPB) announced a proposed $9 million settlement resolving its November 2021 lawsuit against...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Permanently Bans Arbitration Company From Arbitrating Consumer Financial Disputes

    On October 10, the CFPB settled an action against a California-based private arbitration company permanently banning it from arbitrating disputes related to consumer financial products or services.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Reaches Settlement In Redlining Suit Against Nonbank Mortgage Lender

    On November 1, the CFPB filed a proposed stipulated final order that would resolve the Bureau's pending lawsuit in the Northern District of Illinois against a nonbank mortgage lender...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Releases Spring 2025 Agenda Signaling Deregulatory Shift

    On September 4, the CFPB published its Spring 2025 Unified Agenda on the Office of Information and Regulatory Affair's website.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Reopens Data Rights Debate With New 1033 Rulemaking

    On August 21, the Consumer Financial Protection Bureau published an advance notice of proposed rulemaking (ANPR) in the Federal Register to reconsider its Personal Financial Data Rights Rule under Section 1033...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Report Highlights Student Loan Struggles Facing Servicemembers

    On September 24, the CFPB announced the release of its annual report on the most pressing financial concerns facing servicemembers.
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Report Targets Games And Virtual Worlds – What Blockchain Game And Metaverse Companies Need To Know

    The Consumer Financial Protection Bureau ("CFPB") published a report on Banking in Video Games and Virtual Worlds ("Report") that warns of greater scrutiny...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    CFPB Seeks Comment On Proposed Rules To Scale Back Larger Participant Thresholds

    Four advance notices of proposed rulemaking scheduled for publication on August 8 will solicit public comment on whether the CFPB should raise the size thresholds...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Showing 621–640 of 8616 results

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