As previously reported, both the House and Senate passed bills to ban “trigger leads,” except in limited circumstances, although the versions of the bills that were previously passed are slightly different. The one difference...more
8/4/2025
/ Consumer Financial Products ,
Consumer Privacy Rights ,
Consumer Reporting Agencies ,
Creditors ,
Financial Services Industry ,
Lead Generators ,
Lenders ,
Mortgage Servicers ,
Mortgages ,
Pending Legislation ,
Real Estate Transactions ,
Reporting Requirements ,
Telecommunications ,
Text Messages
Seventeen financial services trade groups are calling on the CFPB to abandon its plan to amend rules under the Fair Credit Reporting Act (FCRA) to vastly expand the scope of the FCRA by redefining what a “consumer report” is...more
2/11/2025
/ Consumer Financial Protection Bureau (CFPB) ,
Consumer Privacy Rights ,
Data Brokers ,
Data Privacy ,
Fair Credit Reporting Act (FCRA) ,
Financial Regulatory Reform ,
Financial Services Industry ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Reform ,
Rulemaking Process
The CFPB has published a proposed rule that would ban companies from using contract clauses that the bureau said limit fundamental freedom, including those that waive a consumer’s legal rights and fine print that suppresses...more
1/16/2025
/ Comment Period ,
Consumer Financial Contracts ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Privacy Rights ,
Contract Terms ,
Financial Regulatory Agencies ,
Financial Regulatory Reform ,
Financial Services Industry ,
Proposed Rules ,
Rulemaking Process ,
Unfair or Deceptive Trade Practices
As previously reported, in September 2017 the CFPB proposed policy guidance regarding what application-level Home Mortgage Disclosure Act (HMDA) data would be disclosed to the public based on the significant expansion to the...more