Court vacates CFPB medical debt rule
A federal court in Texas vacated the CFPB’s medical debt reporting rule after the bureau’s current leadership joined with plaintiffs...
Legal
ABA, associations urge CFPB to rescind changes to adjudication process
ABA joined three associations in voicing support for a CFPB proposal to rescind a set of changes to the bureau’s...
OCC’s Hood affirms support for federal preemption
Acting Comptroller of the Currency Rodney Hood strongly affirmed the OCC’s continued support for federal preemption of state laws for...
CFPB asks court to vacate Section 1033 data sharing rule
The CFPB has asked a federal court to vacate its rule on financial data sharing, citing the rule’s “numerous legal...
Illinois lawmakers vote to delay implementation date for state interchange fee law
The Illinois General Assembly approved legislation extending by a year the effective date of a first-of-its-kind state law restricting interchange...
Reconsideration of value: A critical component of appraisal review
Ensuring appraisals and other types of property valuations are accurate is not just about fair lending.
Fed, plaintiffs seek pause in stress test lawsuit
The Federal Reserve and a coalition of bank and business associations have requested that a federal court pause litigation challenging...
With Trump signing repeal of CFPB overdraft rule, ABA to drop lawsuit
President Trump has signed into law an ABA-championed resolution overturning the CFPB’s limits on overdraft fees.
ABA, plaintiffs push back against state claims in Illinois interchange lawsuit
ABA and other plaintiffs said the court has already recognized that an Illinois law restricting certain interchange fees is preempted...
Fifth Circuit dismisses appeal of UDAAP lawsuit
The Fifth Circuit Court of Appeals granted a request by the CFPB and ABA and other plaintiffs to end a...
