CFPB Clarifies Employers’ Obligations When Using Background Dossiers and Algorithmic Scores in Employment Decisions
It’s long been an open secret that employers often review the consumer reports of job candidates when conducting background ...
Berkshire-owned lender sued by CFPB over ‘unaffordable’ loans
Vanderbilt Mortgage & Finance Inc. is accused of knowingly issuing “unaffordable” home mortgages.
JD Supra4h
Predicting The Lasting Changes CFPB May Face In 2025
With President-elect Donald Trump’s election victory and upcoming inauguration, big changes appear likely for the Consumer Financial Protection ...
CFPB says unit of Warren Buffett’s Berkshire Hathaway ignored red flags in manufactured home loans
The federal Consumer Financial Protection Bureau said in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway ignored ...
JD Supra7d
CFPB Proposes to Include Coerced Debt in the Definition of “Identity Theft”
What Happened? On December 9, the Consumer Financial Protection Bureau (“CFPB”) issued an advance notice of proposed rulemaking(“ANPR”), ...
Abusive medical debt collection is a problem. Here's what the feds are doing. | Opinion
Better Business Bureau offers consumers tips on how to protect their pocketbooks and sanity against scams. This installment ...
Even if CFPB Trims Rulemaking, It Will Keep Eyeing Data Brokers
Troutman Pepper attorneys highlight legal obligations under the Fair Credit Reporting Act and how companies should continue ...
The National Law Review14d
CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices
On December 18, 2024, the Consumer Financial Protection Bureau (the “CFPB”) issued a circular to other law enforcement ...
The National Law Review14d
New CFPB Rule Applies Mortgage Standards to Residential PACE Financing
On December 17, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule applying standard mortgage protections ...
HousingWire27d
CFPB commences rulemaking for elder financial abuse
Specifically, the notice of proposed rulemaking wishes to ... Following a period of public comment, the CFPB is expected to issue a final rule. “People trapped by domestic abuse must often ...
Hosted on MSN28d
Google sues CFPB over supervision of payment arm
In 2022, the CFPB declared its intention to begin examining nonbank financial companies that it believes pose risks to consumers. This supervisory notice is the second of its kind to be publicly ...