A data breach caused by a former Consumer Financial Protection Bureau employee forwarding sensitive financial and supervisory information on consumers and banks to their own email account has members of Congress demanding answers from the bureau about its investigation into the incident.
The Consumer Financial Protection Bureau (the “CFPB”) has published a final rule implementing the requirements of Section 1071 of the Dodd-Frank Act (the “Final Rule”), which mandated data collection on certain credit applications to facilitate enforcement of fair lending laws and the identification of business and community development needs and opportunities for women-owned, minority-owned, and Small Businesses.
On March 27, Colorado legislators introduced a bill (H.B. 1229) to opt out of federal banking laws that permit federally insured state chartered banks and credit unions to charge Colorado residents the “interest” permitted under the depository institutions’ home state laws
Sales of previously owned homes declined 2.4% in March compared with February, according to a monthly report from the National Association of Realtors.
The U.S. Federal Communications Commission (FCC) has issued its first-ever Initial Determination Order in an effort to block illegal overseas robocalls being transmitted through a gateway voice service provider.
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