Apr 1, 2019 | Federal Regulation, News
← Previous Article Next Article → Over the past several years, federal regulators have been cracking down on debt-relief companies, which are companies that claim they can renegotiate, settle, or provide debt relief to consumers. According to one federal...
Mar 28, 2019 | Federal Regulation, News
← Previous Article Next Article → California Assemblywoman Monique Limon told reporters earlier this week that she is exploring how that state can strengthen consumer protection in financial services. Limon suggested that California could either create a...
Mar 27, 2019 | Federal Regulation, News
← Previous Article Next Article → The Government Accountability Office (GAO) released a report yesterday arguing that the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) need more enforcement tools to adequately protect...
Mar 26, 2019 | Congressional Legislation, Litigation, News
← Previous Article Next Article → Federal District Judge Lee Yeakel provided a reprieve to short-term, small-dollar lenders last week by continuing to “stay” the Consumer Financial Protection Bureau’s (CFPB) Small-Dollar Rule. The rule’s provisions were...
Mar 25, 2019 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) released its annual report on the Fair Debt Collection Practices Act (FDCPA) earlier this week. In the report, the CFPB announced that it would issue a Notice of Proposed...
Mar 25, 2019 | Federal Regulation, News
← Previous Article Next Article → Last Thursday, the Consumer Financial Protection Bureau (CFPB) announced that it would be making several changes to the CFPB Advisory Committees, providing the committee members longer terms and increasing the frequency of...
Mar 20, 2019 | Congressional Legislation, News
← Previous Article Next Article → Earlier today, the Consumer Financial Protection Bureau (CFPB) issued a request for comments on the Equal Credit Opportunity Act (ECOA), a federal law that makes it illegal for any creditor to discriminate against any...
Mar 19, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → In an appeal filed last Friday, the Consumer Financial Protection Bureau (CFPB) argued that its organizational structure, including its “for-cause removal” provision, was constitutional because it met U.S. Supreme Court...
Mar 18, 2019 | News, Tribal Sovereignty
← Previous Article Next Article → On February 15, Congress provided $10.8 million to the Indian Loan Guarantee Program for the 2019 fiscal year, an increase of 16 percent from the year before. This important program provides financial institutions a great...
Mar 15, 2019 | NAFSA News, News
← Previous Article Next Article → Yesterday, the Native American Financial Services Association (NAFSA) hosted its Second Annual Tribal Lending Regulatory Workshop. Tribal lending regulators, compliance officers, attorneys, and tribal officials gathered at...