On January 7th, the FTC, acting in a complaint filed by the Department of Justice, alleged that a California mortgage broker violated federal law by posting its borrowers’ personal financial information on Yelp.

On November 22, the CFPB released its list of regulatory matters that it “reasonably anticipates having under consideration during the period from October 1, 2019 to September 30, 2020.”

On November 20th, 2019, the CFPB announced its intent to publish an assessment report – no later than October 3, 2020 – on the effectiveness of the TRID Rule, which has been in effect since October 3, 2015.

On October 11, the CFPB announced a new task force to harmonize and modernize federal consumer financial laws.

On September 18th, the CFPB announced changes to its public consumer complaint database.

On July 25th, the CFPB issued an Advance Notice of Proposed Rulemaking (ANPR) requesting input on the so-called ‘GSE Patch.’

In March, the FTC published a notice of proposed rule-making requesting public comment on the addition of specific policy, process and technical requirements to the Gramm-Leach-Bliley (‘GLBA’) Safeguards Rule (the ‘Rule’).

Auto lenders should guard against complacency engendered by the Trump Administration’s noticeable easing of regulatory enforcement, rules, and regulations. 

DISTRICT OF COLUMBIA L22-0189   The Council of the District of Columbia recently enacted the Revised Uniform Law on Notarial Acts Act of 2018 (“Act”), effective December 4, 2018.   “Acknowledgment” means a declaration by an individual that states the...

On May 24, the first major financial institution bill with substantial bipartisan support in more than ten years was signed into effect by President Donald Trump. Known as The Federal Economic Growth, Regulatory Relief, and Consumer Protection Act (“Act”), it recognized that the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) must be amended.