CFPB Further Extends Small Business Lending Data Collection Rule Compliance Dates and First Filing Deadlines

The Consumer Financial Protection Bureau (CFPB) has further extended the compliance dates and first filing deadlines for, and made other revisions to, its final small business lending data collection rule. The CFPB... Read more »

CFPB Seeks OMB Review of Mortgage Protection and Larger Participant Rules

The Consumer Financial Protection Bureau has announced it is seeking OMB review of mortgage protection and larger participant rules. Source link Read more »

CFPB Continues Rollback of Fair Lending

The Consumer Financial Protection Bureau has entered an order that terminates early a 2021 consent order with Trustmark National Bank and dismisses the underlying redlining case with prejudice. Source link Read more »

The Monticello Banking Company v. CFPB: Kentucky District Court Stays Litigation Challenging Small Business Lending Data Collection Rule

A Kentucky district court has stayed litigation challenging the small business lending data collection rule issued by the Consumer Financial Protection Bureau (CFPB) as mandated by the amendment of the Equal Credit... Read more »

Troutman Pepper Locke: Appeals Court Blocks CFPB Layoffs Pending Further Review

This Law Firm Publication by Troutman Pepper Locke discusses an order issued by the US Court of Appeals for the District of Columbia Circuit which reinstates a preliminary injunction and prevents the... Read more »

CFPB Announces It Will Not Enforce Rule Classifying BNPL Loans as Credit Cards

The Consumer Financial Protection Bureau has announced it does not intend to enforce its BNPL Interpretive Rule. Source link Read more »

CFPB Announces No Small Business Lending Data Collection Rule Enforcement or Supervision Actions

The Consumer Financial Protection Bureau (CFPB) has announced it will not prioritize enforcement or supervision actions regarding the small business lending data collection rule it issued as required by the amendment of... Read more »

Troutman Pepper Locke: CFPB Announces 2025 Supervision and Enforcement Priorities

This Law Firm Publication by Troutman Pepper Locke discusses a Consumer Financial Protection Bureau (CFPB) staff memo which outlines the CFPB’s supervision and enforcement priorities for 2025. Source link Read more »

Chamber of Commerce of the United States v. CFPB: Texas District Court Vacates Credit Card Late Fee Rule

The US District Court for the Northern District of Texas vacated the Consumer Financial Protection Bureau’s (CFPB) Credit Card Penalty Fees rule, which amended Regulation Z to ban excessive credit card late... Read more »

Partial Stay of CFPB Injunction Triggers Reduction-in-Force Notices

The US Court of Appeals for the DC Circuit issued an order that partially stayed a district court preliminary injunction issued in the National Treasury Employees Union lawsuit against the Consumer Financial... Read more »
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