ALL CFS Blog Entries

SEC – CFTC Harmonization Event Rescheduled to Jan. 29Insights from the CFPB's Latest Report on Credit Invisibility

All Entries

DOJ and Texas Reach No‑Penalty Settlement with Colony Ridge Over Alleged Predatory Mortgage Financing, Discriminatory Land SalesTroutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 10, 2026

Arbitration

Earned Wage Access Product Deemed Credit Under MLA, Leading Federal District Court to Deny Motion to Compel ArbitrationNinth Circuit Mandates Arbitration in Millionaire Match Case: Emphasizes Totality of Circumstances in Online Contract Formation

Auto Finance

State AGs in the Driver's Seat: Auto Finance Enforcement in the Trump 2.0 EraFrom Showroom to Server Room: AI in Auto Finance

Background Screening

FTC and Arizona AG Reach $2.6 Million Settlement with Motor Vehicle Dealer Over Alleged Deceptive and Discriminatory Sales and Financing PracticesCFPB Proposed Rule Banning Reporting of Medical Debt

Banking

NCUA Issues Updated AI Resource HubThe Trump Administration's Debanking Initiative: Risk Mitigation, Regulatory Deadlines, and Sanctions for Noncompliance

Bankruptcy

GENIUS Act: A Game-Changer for Crypto Bankruptcy PrioritiesCFPB Backs Chapter 7 Conversion in Synapse Financial Technologies Bankruptcy

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 Complaints

Class Actions

Illinois Supreme Court Redefines Concrete Injury Requirement in No-Injury CasesFourth Circuit Finds Public Disclosure Required for Standing in Data Breach Case

Consumer Financial Protection Bureau (CFPB)

DOJ and Texas Reach No‑Penalty Settlement with Colony Ridge Over Alleged Predatory Mortgage Financing, Discriminatory Land Sales2025 Consumer Litigation Filings: Everything Up Compared to 2024

Consumer Financial Services

Financial Services Industry 2025 Digital Assets Year in ReviewNinth Circuit Holds that Texts Are "Calls" Under the TCPA But Embedded Videos Are Not Recorded Messages

COVID-19

New York Federal Court Finds Failure to Review Account Notes When Investigating a Dispute Could Be Considered Reckless Under the FCRANinth Circuit Rejects Constitutional Challenge to Nevada Medical Debt Legislation; Also Finds Legislation Not Preempted by FDCPA or FCRA

Credit Reporting + Data Brokers

Credit Reporting Litigation to Rise Further Given State LawsCalifornia DFPI Considers New Consumer Reporting Registration

Cryptocurrency + FinTech

Digital Commodity Intermediaries Act Clears Senate AG CommitteeSEC Staff Issues Guidance on Tokenized Securities

Dear Mary (Advice Column)

When to Notify Your Cyber Carrier of a Security IncidentSEC Cybersecurity Incidents Disclosures: Materiality, Decryptors, and Ransom Payments

Debit + Prepaid Cards

CFPB Releases Semiannual Regulatory Agenda Amid House Financial Services Committee Leaders' Calls to Halt RulemakingCFPB Finalizes Rule on Overdraft Fees for Large Financial Institutions

Debt Buyers + Collectors

New York Enacts Coerced Debt Law Protecting Survivors of Economic AbuseNinth Circuit Holds that Bona Fide Error Defense Applies to Claim for Violation of FDCPA

Depository Institutions

Senate Banking Committee Releases Draft Digital Asset Market Structure Bill and Request for InformationIn Response to President Trump's Executive Order, the OCC Removes Disparate Impact References from Fair Lending Examination Manual

Events + Webinars

Join Us at the OLA Legal Issues Conference for a Panel on Federal Enforcement in 2023Join Us September 24, 2022, for the 16th Annual National Conference of Vietnamese American Attorneys

Fair Lending

DOJ and Texas Reach No‑Penalty Settlement with Colony Ridge Over Alleged Predatory Mortgage Financing, Discriminatory Land SalesHUD Proposes to Rescind Fair Housing Act Disparate Impact Regulations

FCRA

2025 Consumer Litigation Filings: Everything Up Compared to 2024Credit Reporting Litigation to Rise Further Given State Laws

FCRA Focus

Resellers in the Middle: Duties, Data, and Defenses Under the FCRAInside the Homebuyers Privacy Protection Act: A Conversation With the Mortgage Bankers Association

FDCPA

2025 Consumer Litigation Filings: Everything Up Compared to 2024November 2025 Consumer Litigation Filings: Everything Down

Featured Posts

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 10, 2026Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 4, 2026

Federal Trade Commission (FTC)

Point-of-Sale Finance Series: The Holder Rule at 50California's CARS Act Signed into Law

Health Care

Ninth Circuit Upholds Administrator’s Denial of Residential Mental Health Benefits Under ERISACMS’s 2027 Medicare Advantage Proposal: “Flat” Rates with Tighter Risk Adjustment

Investors

SEC Dismisses Ripple Labs Executives After Losing Bid for Interlocutory AppealSecurities Industry Arbitrations and Litigation Update: FINRA Reaffirms Its Commitment to Enforcement Actions In Connection with the Protection Of Elderly Investor Customers

Military Lending

Navigating the Servicemembers Civil Relief Act: Protections and Litigation TrendsEarned Wage Access Product Deemed Credit Under MLA, Leading Federal District Court to Deny Motion to Compel Arbitration

Mortgage Lending, Servicing + Banking

DOJ and Texas Reach No‑Penalty Settlement with Colony Ridge Over Alleged Predatory Mortgage Financing, Discriminatory Land SalesHUD Proposes to Rescind Fair Housing Act Disparate Impact Regulations

Moving the Metal

State AGs in the Driver's Seat: Auto Finance Enforcement in the Trump 2.0 EraFrom Showroom to Server Room: AI in Auto Finance

Online Lending

Kansas Governor Enacts Significant Changes to Kansas Mortgage Business Act and Uniform Consumer Credit CodeCFPB Files Lawsuit Against SoLo Funds for Alleged Deceptive Lending Practices

Payment Processing + Cards

Payments Year in Review 2025: Federal and State Developments – Part 2Financial Services Industry 2025 Digital Assets Year in Review

Payments Pros

Payments Year in Review 2025: Federal and State Developments – Part 2Payments Year in Review 2025: Federal and State Developments – Part 1

Podcasts

Point-of-Sale Finance Series: The New Regulatory Reality for Small Business Financing and Trade CreditPayments Year in Review 2025: Federal and State Developments – Part 2

Privacy + Cyber

Financial Services Industry 2025 Digital Assets Year in ReviewPoint-of-Sale Finance Series: Health Care Financing Compliance, Regulatory, and Privacy Pitfalls

Regulatory Enforcement + Compliance

DOJ and Texas Reach No‑Penalty Settlement with Colony Ridge Over Alleged Predatory Mortgage Financing, Discriminatory Land SalesDigital Commodity Intermediaries Act Clears Senate AG Committee

Sales Finance

Navigating California's New Legislation on Fixed Term Installment ContractsSales-Based Financing Trade Group Files Suit Challenging CFPB's Section 1071 Rule

Small Business Finance

CFPB Signals Issuance of Interim Final Rules on Section 1071 and Section 1033 Amid Funding ConstraintsSection 1071 Redo: CFPB Proposes to Narrow Coverage, Data, and Timing

Small Dollar Lending

Wisconsin Lawmakers Propose “True Lender” Test and 36% APR Cap for Consumer LoansWhat the CFPB’s New Buy Now, Pay Later Market Report Shows

State Attorneys General

DOJ and Texas Reach No‑Penalty Settlement with Colony Ridge Over Alleged Predatory Mortgage Financing, Discriminatory Land SalesNew Jersey's Big Bet on Disparate Impact: What the AG's New Rules Mean for Lenders and AI

State Attorneys General, CFPB + FTC

DOJ and Texas Reach No‑Penalty Settlement with Colony Ridge Over Alleged Predatory Mortgage Financing, Discriminatory Land SalesState AGs in the Driver's Seat: Auto Finance Enforcement in the Trump 2.0 Era

Student Lending

Point-of-Sale Finance Series: Federal Shake-Ups and the Rise of Income Share Agreements in Student Loan FinancingIllinois Amends Student Loan Servicing Rights Act to Include Educational Income Share Agreements

TCPA

2025 Consumer Litigation Filings: Everything Up Compared to 2024Ninth Circuit Holds that Texts Are "Calls" Under the TCPA But Embedded Videos Are Not Recorded Messages

The Consumer Finance Podcast

Point-of-Sale Finance Series: The New Regulatory Reality for Small Business Financing and Trade CreditPoint-of-Sale Finance Series: Federal Shake-Ups and the Rise of Income Share Agreements in Student Loan Financing

The Crypto Exchange

NFTs on Trial: The Yuga Labs Verdict and What It Means for the Digital FrontierThe Future of Bank-Fintech Collaborations in Digital Finance

Tribal Lending Litigation

Troutman Pepper Publishes 2023 Consumer Financial Services Year in Review and A Look AheadSeventh Circuit Affirms Dismissal, Finding Entity Entitled to Arm of the Tribe Sovereign Immunity & Adopting Breakthrough Factor Analysis

Unauthorized Access

The Team Continues to Grow: A Conversation With Our Newest Colleague, Kaitlin ClemensCaregivers in Cybersecurity