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Home » Topics » Non-Mortgage Regulation » Other Non-Mortgage Regulation

Other Non-Mortgage Regulation
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U.S. Chamber Sues CFPB for Treating Discrimination as UDAAP

October 10, 2022
Sam Manas
The lawsuit claims the CFPB overstepped its authority when revising its supervisory exam manual to consider discrimination an unfair, deceptive or abusive act or practice.
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FTC Finds New Path to Consumer Restitution: States

October 10, 2022
Sam Manas
The Federal Trade Commission and California’s Department of Financial Protection and Innovation have initiated action against a group of companies for making false claims related to mortgage modifications.
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Rulemaking Petitions on Personal Loans, Medical Debt Reporting

October 10, 2022
Sam Manas
The Center for Responsible Lending and Consumer Bankers Association have jointly requested rulemaking on personal lending, while the National Consumer Law Center wants rulemaking to prohibit the listing of medical debt on credit reports.
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Other News in Brief

October 10, 2022
Sam Manas
The CFPB imposes penalty on overdraft fees; online lender sued; money transfer firm fined; term lender’s appeal fails.
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Chopra Emphasizes Staying Ahead of Tech, Setting Norms

September 26, 2022
Sam Manas
CFPB Director Rohit Chopra explains how the bureau’s recent big moves are tied to his views on the functioning and regulation of consumer financial markets and products.
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Republican Senators Warn Chopra Against ‘Abuse of Power’

September 26, 2022
Sam Manas
Senate Republicans believe the bureau under Director Rohit Chopra has adopted an arrogant regulatory ethos.
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Bureau to Regulate Buy Now, Pay Later Industry

September 26, 2022
Sam Manas
CFPB Director Rohit Chopra has directed bureau staff to look into possible rules for buy now, pay later products in five areas.
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Chopra Open to Idea of Defanging Forced Arbitration

September 26, 2022
Sam Manas
While the CFPB has no plans to restrain the use of forced arbitration clauses, Director Rohit Chopra is open to the idea.
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CFPB Asks Court to Force Fintech Block to Hand Over Documents

September 12, 2022
Sam Manas
The CFPB said the company hadn’t met any of its self-imposed deadlines to provide information regarding how it handles consumer disputes. Block operates popular peer-to-peer payments service Cash App.
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CFPB Moves to Protect Residents of Nursing Homes

September 12, 2022
Sam Manas
The CFPB said it would no longer tolerate nursing homes requiring caretakers to take on a prospective nursing home resident’s costs of care as a condition of admission.
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