Regulations Archives - Page 2 of 10

August 14, 2024 by Justin B. Hosie in Auto Finance Receivables

CFPB Bites of the Month - July 2024 - The CFPB Shines Like the 4th of July

The CFPB had a busy July. In this article, Hudson Cook shares some of the top CFPB "bites" of the month so you can stay on top of recent developments....

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July 31, 2024 by Alan Kaplinsky in Regulations

Congress Struggling with Post-Chevron World

Republicans on Capitol Hill have introduced legislation that would require a review of all federal court decisions, laws, regulations and legal cases that used the Chevron Deference Doctrine as the...

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July 18, 2024 by Eric L. Johnson in CFPB

CFPB Bites of the Month: The CFPB and the Dust of June

June was another big month for the CFPB with rules, proposals, lawsuits, and a Supreme Court case. In this month's article, we share some of our top "bites" of the...

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July 17, 2024 by John L. Culhane, Jr. in CFPB

CFPB Issues Semi-Annual Regulatory Agenda; Registry of Supervised Non-Banks to Be Finalized This Month

The CFPB soon plans to issue a final rule that would require certain supervised nonbank entities to register with it and provide information about their use of certain terms and...

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July 1, 2024 by Stefanie H Jackman in Litigation

Supreme Court Overrules Chevron Doctrine in Landmark Administrative Law Decision

Today, the U.S. Supreme Court issued a landmark decision in Loper Bright Enterprises v. Raimondo overruling the Chevron doctrine. This decision marks a watershed moment in administrative law, fundamentally altering...

Krasimira Nevenova / AdobeStock

June 6, 2024 by Stefanie H Jackman in CFPB

CFPB Issues Final Rule on Nonbank Registration of Enforcement Orders

On June 3, the Consumer Financial Protection Bureau (CFPB or Bureau) issued its final rule requiring covered nonbanks to register enforcement orders, and it is a doozy. Not only will...

James Steidl / AdobeStock

June 5, 2024 by Kristen Yarows in CFPB

CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May

The CFPB continued with a high level of activity in May. In this month's article, we share some of our top "bites" of the month to help you stay up...

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May 28, 2024 by Bryce Noel in Artificial Intelligence

insideARM Weekly Recap – Week of May 20th, 2024

The ARM Industry is hard enough to keep up with during a normal week; last week (and with the CFPB in rare form) it was basically a full-time job in...

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May 14, 2024 by Linda Dickey in Compliance Management

How to Remediate Regulatory Exam Findings in Financial Services

Corrective actions are a common requirement following regulatory examination findings and enforcement actions (e.g., MRAs and consent orders), regardless of how proactive an organization may be. Therefore, you must use...

Atoss / AdobeStock

April 3, 2024 by Brian Turetsky in CFPB

Operational Impacts of the New CFPB Credit Card Late Fee Rule

On March 5, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued its final credit card late fee rule (the “Final Rule”), which, amongst other things, significantly reduces the late fee safe...

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