Effective May 12, the Consumer Financial Protection Bureau formally revoked 67 different guidance documents by publishing a notice in the Federal Register. The CFPB's action covers various guidance documents, interpretive...more
With the 2024 election behind us and the 119th Congress now in session, the political climate has created an opportunity for meaningful statutory reforms of the federal consumer financial laws to become reality.
The 119th...more
2/6/2025
/ Administrative Procedure Act ,
Chevron Deference ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Financial Regulatory Reform ,
Loper Bright Enterprises v Raimondo ,
Mortgage Servicers ,
Regulatory Reform ,
RESPA ,
Rulemaking Process ,
SCOTUS
On July 10, 2024, the Consumer Financial Protection Bureau (CFPB) released a proposal to amend the existing mortgage servicing rules in Regulation X. The substance of the proposal has attracted a lot of attention and...more
9/6/2024
/ Administrative Procedure Act ,
Chevron Deference ,
Consumer Financial Protection Bureau (CFPB) ,
Dodd-Frank ,
Loper Bright Enterprises v Raimondo ,
Loss Mitigation ,
Proposed Amendments ,
Proposed Rules ,
RESPA ,
Risk Mitigation ,
Rulemaking Process ,
SCOTUS ,
West Virginia v EPA
On July 11, 2024, the United States Court of Appeals for the Seventh Circuit issued its highly anticipated decision in Consumer Financial Protection Bureau v. Townstone Financial, Inc., et al. In this pivotal decision, the...more