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CFPB Bites of the Month - April 2024 - Won't Get Fooled Again, CFPB | Hudson Cook, LLP - Vimarsana News

CFPB Bites of the Month - April 2024 - Won't Get Fooled Again, CFPB | Hudson Cook, LLP

In this month's article, we share some of our top "bites" covered during the April 2024 webinar.

CFPB Issues Guidance on Deceptive Practices by Remittance Transfer Providers | Sheppard Mullin Richter & Hampton LLP - Vimarsana News

CFPB Issues Guidance on Deceptive Practices by Remittance Transfer Providers | Sheppard Mullin Richter & Hampton LLP

On March 27, the CFPB issued Circular 2024-02, which warns that remittance providers may be liable under the CFPA for certain deceptive marketing practices related to the speed or cost...

CFPB warns remittance transfer providers against falsely advertising the costs and speed of transfers | Orrick, Herrington & Sutcliffe LLP - Vimarsana News

CFPB warns remittance transfer providers against falsely advertising the costs and speed of transfers | Orrick, Herrington & Sutcliffe LLP

On March 27, the CFPB issued a circular cautioning remittance transfer providers against falsely advertising the costs or speed of sending transfers to avoid violating the CFPA’s...

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CFPB Takes Action Against Fintech Company for Alleged Deceptive Practices in International Money Transfers | Hudson Cook, LLP - Vimarsana News

CFPB Takes Action Against Fintech Company for Alleged Deceptive Practices in International Money Transfers | Hudson Cook, LLP

On October 17, 2023, the CFPB took action against a nonbank fintech Company providing international money transfer services for alleged EFTA, Regulation E, and CFPA violations. The...

CFPB Summer 2023 Supervisory Highlights looks at auto origination and servicing, consumer reporting, debt collection, deposits, mortgage origination and servicing, payday and small dollar lending, remittances | Ballard Spahr LLP - Vimarsana News

CFPB Summer 2023 Supervisory Highlights looks at auto origination and servicing, consumer reporting, debt collection, deposits, mortgage origination and servicing, payday and small dollar lending, remittances | Ballard Spahr LLP

The CFPB has released the Summer 2023 edition of Supervisory Highlights.  The report discusses the Bureau’s examinations in the areas of auto origination and servicing, consumer...