The CFPB continued to be active in the consumer payments space in 2018, while the Federal Reserve and market participants considered the future of payment processing, including the development of faster payment systems....more
3/15/2019
/ Anti-Money Laundering ,
Anticompetitive Behavior ,
Blockchain ,
California Consumer Privacy Act (CCPA) ,
Compliance ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Cards ,
Data Privacy ,
Data Security ,
EFTA ,
Enforcement Actions ,
EU ,
Fair Access to Credit ,
Federal Reserve ,
Federal Trade Commission (FTC) ,
FinTech ,
FRB ,
General Data Protection Regulation (GDPR) ,
Merchants ,
Ohio v American Express ,
Payment Processors ,
Popular ,
Prepaid Payment Products ,
Public Comment ,
Regulation CC ,
Regulation Z ,
Remittance Transfer Rule ,
SCOTUS ,
Sherman Act ,
Truth in Lending Act (TILA)
In 2018, the CFPB continued to pay attention to the auto finance industry, with a particular focus on indirect (dealer-arranged) auto lenders and unfair or abusive loan servicing practices....more
3/11/2019
/ Abusive Acts ,
Automotive Industry ,
Automotive Loans ,
Car Dealerships ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Department of Justice (DOJ) ,
ECOA ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
FinTech ,
Loan Origination Funds ,
Loan Servicing ,
State Attorneys General ,
Trump Administration ,
Truth in Lending Act (TILA) ,
UDAAP ,
Unfair or Deceptive Trade Practices
In 2018, the CFPB issued multiple rules, and Congress passed legislation, to clarify, revise and update the regulatory framework applicable to the home mortgage origination and servicing market....more
3/6/2019
/ Amended Regulation ,
Banks ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Department of Justice (DOJ) ,
Department of Veterans Affairs ,
Economic Growth Regulatory Relief and Consumer Protection Act ,
Enforcement Actions ,
Fair Housing Act (FHA) ,
False Claims Act (FCA) ,
FinTech ,
GAO ,
HMDA ,
Lenders ,
Mortgage Loan Originators ,
Mortgage Servicers ,
Mortgages ,
OCC ,
Popular ,
RESPA ,
TILA-RESPA Integrated Disclosure Rule (TRID) ,
Truth in Lending Act (TILA) ,
Unduly Burdensome