Credit Reporting Agency and Exec Sued by CFPB
CFPB sues credit reporting agency CRA, two of its subsidiaries, and a former senior executive for violating a 2017 consent order about credit scores and other credit-related products.
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CFPB sues credit reporting agency CRA, two of its subsidiaries, and a former senior executive for violating a 2017 consent order about credit scores and other credit-related products.
On March 24, Utah Governor Spencer Cox signed SB 183 into law making Utah the third state in the country to enact a Truth in Lending-like commercial financing disclosure law.
On March 30, the CFPB settled with a student loan servicer to resolve allegations that the servicer made deceptive statements to student loan borrowers and misrepresented their forgiveness...
On March 22, HUD announced the delivery of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) Action Plan to President Biden.
Utah Commercial Financing Registration and Disclosure Act the Act does not include an APR disclosure requirement and requires commercial lenders to register as commercial loan providers with the Nationwide Multistate Licensing System and Registry and DFI