In October 2023, the Consumer Financial Protection Bureau (CFPB) proposed a new rule intended to encourage “open banking”. “Open banking” is a practice of sharing, with consent, consumers’ banking and financial data...more
11/9/2023
/ APIs ,
Banks ,
Comment Period ,
Consumer Financial Protection Bureau (CFPB) ,
Data-Sharing ,
Financial Institutions ,
Financial Services Industry ,
NPRM ,
Open Banking ,
Personal Data ,
Proposed Rules
On May 1, 2023, the Consumer Financial Protection Bureau (CFPB) issued a report and a proposed rule to clarify and strengthen its regulation of so-called Property Assessed Clean Energy (PACE) financing.
PACE financing is...more
5/5/2023
/ Comment Period ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Enforcement Actions ,
Financing ,
Homeowners ,
Loan Applications ,
Loans ,
Mortgages ,
Proposed Rules ,
Regulation Z ,
Tax Liens ,
Truth in Lending Act (TILA)
On February 23, 2023, the Federal Communications Commission (FCC) issued a Further Notice of Proposed Rulemaking (FNPRM) seeking public comment on proposed rules targeting unlawful text messages. If the proposed rules...more