Beryl Newchurch Billings
Bradley Arant Boult Cummings LLP
Articles
FTC Updates CFPB on Action in the Fair Lending Space
USA - March 16 2022 In early February, the Federal Trade Commission (FTC) sent its annual letter to the Consumer Financial Protection Bureau (CFPB). The letter explained…
Fintechs and Non-banks Beware: CFPB to Utilize “Dormant Authority” to Examine Fintechs and Other Non-bank Financial Services Companies
USA - April 26 2022 On Monday, the CFPB issued a press release announcing that it will start using its authority to examine non-bank financial services institutions that…
Christopher K. Friedman, Shelby D. Lomax, Alex McFall, Andrew J. Narod, Caroline Waters
CFPB Provides New Guidance on Discrimination in Algorithmic Credit Decisions
USA - May 27 2022 As we have repeatedly discussed this year in our Financial Services Perspectives blog, the current leadership of the CFPB has placed a significant…
CFPB Warns of Serious Issues with Fair Lending Standards for Appraisers
USA - February 22 2022 The Consumer Financial Protection Bureau (“CFPB”) released a blog post on February 4 warning of the possibility of discrimination in the appraisal…
CFPB Issues Release Regarding its Intent to Target “Unfair Discrimination in Consumer Finance”
USA - March 17 2022 The Consumer Financial Protection Bureau (“CFPB”) issued a release on March 16, 2022 in order to announce changes to its supervisory operations with…
