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Article

Buckley LLP | USA | 14 Jun 2019

CFPB symposium on “abusive” standard set for June 25

On June 11, the CFPB announced that its first symposium, regarding the meaning of “abusive acts or practices” under Section 1031 of the Dodd-Frank

Article

Buckley LLP | USA | 14 Jun 2019

Democratic Representatives demand rescission of CFPB’s permanent HMDA threshold proposal

On June 11, House Financial Services Committee Chairwoman Maxine Waters and 64 other Democratic House members sent a letter to the CFPB urging

Article

Buckley LLP | USA | 13 Jun 2019

Democratic Senators ask CFPB to reconsider debt collection rulemaking

On June 6, twenty six Democratic Senators sent a letter to the CFPB requesting that the Bureau reconsider the recent debt collection rulemaking

Article

Buckley LLP | USA | 7 Jun 2019

CFPB partially modifies two CIDs

On May 21, the CFPB issued two orders partially modifying civil investigative demands (CID) issued by the Bureau in 2017 and 2018. In 2017, a revised

Article

Buckley LLP | USA | 7 Jun 2019

CFPB delays underwriting compliance of Payday Rule

On June 6, the CFPB released a final rule to delay the August 19, 2019 compliance date for the mandatory underwriting provisions of the agency’s 2017

Article

Buckley LLP | USA | 6 Jun 2019

CFPB report relates credit score fluctuations to credit applications

On May 30, the CFPB released the latest quarterly consumer credit trends report, which examines the fluctuations in consumers’ credit scores and the

Article

Buckley LLP | USA | 5 Jun 2019

CFPB releases TRID FAQs for construction loans

On May 31, the CFPB released FAQs to assist with TILA-RESPA Integrated Disclosure Rule (TRID) compliance. The two new FAQs relate to the application

Article

Buckley LLP | USA | 23 May 2019

25 state AGs reject CFPB payday proposal in comment letter

On May 15, a group of 25 Democratic Attorneys General submitted a comment letter in response to the CFPB’s February proposal to rescind certain

Article

Buckley LLP | USA | 22 May 2019

House Committee on Oversight and Reform examines CFPB’s proposal to repeal payday rule

On May 16, the House Committee on Oversight and Reform’s Subcommittee on Economic and Consumer Policy held a hearing to examine the CFPB’s proposal

Article

Buckley LLP | USA | 22 May 2019

CFPB files suit against New York-based debt-collection law firm

On May 17, the CFPB announced it filed a lawsuit in the U.S. District Court for the Eastern District of New York against a New York debt-collection

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