Since the CFPB’s guidance around comparison-shopping websites and lead generators was released last week, we have received some questions. We thought a nice FAQ would be helpful. Q. When are these guidelines going to... Read more »
It was about this time last year that the CFPB issued similar guidance around digital comparison-shopping sites in the mortgage industry. That guidance was based on RESPA’s prohibition on steering to prevent operators... Read more »
On February 23, the Consumer Financial Protection Bureau announced its first public decision designating a nonbank lender for supervision based on the institution’s potential risk to consumers. According to the Bureau, the installment lender,... Read more »
On February 16, the CFPB issued revised rules updating its internal supervisory appeals process for institutions seeking to appeal a compliance rating or an adverse material finding. The updated rules open up new avenues for... Read more »
This month, the Consumer Financial Protection Bureau (CFPB) started the new year by filing an amicus brief in an ongoing appeal in the First Circuit focusing on an interpretation of the Fair Debt Collection... Read more »
Related Practices & Jurisdictions Friday, September 15, 2023 The Consumer Financial Protection Bureau (“CFPB”) announced on Monday that it and 41 states and the District of Columbia had resolved a multistate investigation in the... Read more »