On July 31, a bipartisan group of Congress members sent a letter to CFPB Director Rohit Chopra raising concerns regarding the Bureau’s proposed 1033 Rule, which relates to consumer financial data privacy (covered by InfoBytes here).
No matter how famous and powerful I become, the Czar will always be a little procedural nerd at heart. How many demurrers did I bring as a young lawyer reminding courts that an injunction is a remedy and not a cause of action under California law? Awww, memories. But interestingly matters are different under the TCPA.
Approximately 8% of Americans have some medical debt. But certain populations shoulder a significant portion of the nation's total medical debt burden, such as those in poor health, uninsured individuals, and Black Americans, new data from Kaufman Hall revealed.
This week, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion and a research report addressing contract-for-deed home financing, also known as a “land contract,” “land installment contract,” “land sales contract,” “bond for deed,” “agreement for deed,” or “buying on contract.”
The New York City Department of Consumer and Worker Protection (DCWP) has introduced significant amendments to its debt collection rules, following updates from the Consumer Financial Protection Bureau (CFPB). These changes, effective December 1, 2024, are designed to enhance the protection of consumers, particularly in terms of record retention, reporting requirements, and transparency in debt collection practices.
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