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Credit Ratings Consumer Financial Protection Bureau (CFPB) Consumer Financial Products

Goodwin

SEC Proposes Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers”

Goodwin on

In This Issue. The U.S. Securities and Exchange Commission (SEC) proposed rules to include certain significant market participants as “dealers” or “government securities dealers” to essentially eliminate the trader exclusion...more

Ballard Spahr LLP

New Report Finds Debt Collection Activities Increases Access to Credit, Particularly for Consumers with Poor Credit

Ballard Spahr LLP on

In recent remarks, CFPB Director Richard Cordray noted, albeit passingly, the significant role debt collection activities play in the healthy maintenance of consumer credit markets. “Responsible debt collectors that do their...more

WilmerHale

CFPB Insights On Alternative Data Use In Credit Scoring

WilmerHale on

The growing utilization of alternative data in credit decisions and scoring models continues to attract the attention of regulators. Although clear and practical guidance from regulators remains elusive, regulator...more

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