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Fifth Circuit Appeals Court Determines SEC Exceeded Authority

US Court of Appeals for the Fifth Circuit vacates Securities and Exchange Commission SEC rule intended to protect investors of certain private funds and prevent frau ....

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CPFB Launches Rising Mortgage Closing Costs Inquiry

Consumer Financial Protection Bureau CFPB launches public inquiry into rising mortgage closing costs to understand reasons and identify who benefits as well as reduc ....

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CFPB Classifies Buy Now Pay Later Products as Credit Cards

CFPB determined that lenders issuing digital user accounts to access BNPL products are card issuers under Regulation Z because such accounts are credit cards. ....

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CFPB Highlights Junk Fees in Mortgage Servicing in Recent Report

On April 24 2024 Consumer Financial Protection Bureau CFPB published supervisory highlights describing ongoing concerns regarding junk fees in mortgage servicing. ....

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Florida Creates a Customer Financial Complaint Process

Florida Creates a Customer Financial Complaint Process
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