ALL CFS Blog Entries

The Holder Rule and Attorneys’ Fees: The FTC SpeaksFirst Amendment Challenge to Restriction on Public Access to Electronic Court Records AdvancesStablecoins and Beyond: 2022 Digital Asset Legislation Landscape

Auto Finance

Department of Justice Enters Into Consent Orders for Violations of the Servicemembers Civil Relief ActMaryland Appellate Court Rules Plaintiffs Asserting CLEC Claims Must Allege Facts Showing Damages or Show Equitable Relief Is ProperArizona District Court Rules Dealership’s Advertising Violated TILA and Consumer Leasing Act

Background Screening

California Judge Dismisses FCRA and CCRAA ComplaintCDIA & PBSA Amicus Brief Advocates Landlords' First Amendment Right to Conduct Criminal Background ChecksDOJ Issues Final Rule on Sex Offender Registration Requirements

Better Business Bureau (BBB)

Join Us on August 10 for a Webinar on A Review of the New York Cybersecurity FrameworkBetter Business Bureau Data Show Sharp Decline in Debt Collection ComplaintsWebinar: Do You Know Your BBB Rating? What You Don't Know Could Hurt You

CFS Events

Join Us on December 8 for Our Complimentary Class-Action Litigation Review WebinarJoin Us on October 4-6 for the NetDiligence Cyber Risk SummitPlease Join Us September 12-14 for the MBA Regulatory Compliance Conference 2021

Credit Reporting and Data Brokers

Third Circuit Hears Oral Argument on FCRA “Pay Status” CasesCalifornia Judge Dismisses FCRA and CCRAA ComplaintFTC Settlement with Lead Generator Enumerates FCRA and Privacy Requirements for Lead Sales

Cybersecurity, Information Governance, and Privacy

First Amendment Challenge to Restriction on Public Access to Electronic Court Records AdvancesGLBA Safeguards Rule Amendments Become Effective — December 2022 Compliance Countdown for Key Provisions BeginsDrivers' Telematics Violates BIPA

Debt Buyers and Collectors

It's All in a Name: Debt Collector Wins Summary Judgment Based on Name Provided By Its ClientPlaintiff’s Confusion Over Debt Collection Letter Is Not Enough to Create Standing to Assert an FDCPA ClaimAppeals Court Affirms Defendant’s Summary Judgment Ruling in FDCPA Statute of Limitations Case

Fair Lending

SoFi Gets OCC Approval to Acquire National Bank — But Must Stay Away From CryptoHouse Financial Services Committee Chairwoman’s Letter to Federal Regulators Outlines Regulatory Priorities on the Use of Artificial Intelligence in Financial ServicesFTC Report Highlights Disproportionate Impact of Consumer Fraud on Minority Communities

FCRA

CFPB Issues Bulletin on Rental Screening and Issues of ConcernSupreme Court Decision: TransUnion v. RamirezABA Presentation - FCRA Litigation: A Review of Top Issues from 2020 and What to Expect in 2021

Mortgage Lenders and Servicers

CFPB Report Highlights Mortgage Servicing Examination FindingsCFPB and DOJ Reinforce Federal Housing Protections for the Military CommunityFreddie Mac Issues Bulletin Addressing Use of Cryptocurrency in Mortgage Qualification Process

Payment Processing and Cards

Florida Office of Financial Regulation Issues DeFi AdvisoryHouse Committee on Financial Services Holding Stablecoins Hearing in FebruaryPresident Biden's Working Group on Financial Markets Issues Report on Stablecoins

State Attorneys General, CFPB, and FTC

Florida Office of Financial Regulation Issues DeFi AdvisoryIndiana Attorney General Reiterates Policy Priority to Pursue RobocallersThe Holder Rule and Attorneys’ Fees: The FTC Speaks

Student Lending

Navient Settles with State AG Coalition Over Alleged Unfair, Deceptive, and Abusive Student Loan Origination and Servicing PracticesDepartment of Justice Enters Into Consent Orders for Violations of the Servicemembers Civil Relief ActDepartment of Education Announces Automatic Student Loan Cancellation for Disabled Borrowers

Uncategorized

Eastern District of Louisiana Holds Plaintiff’s Claims Not Preempted by ERISAState Attorneys General Reply to CFPB’s Review of Overdraft Rule23 States Agree to Standardize State Licensing for Money Services Businesses