The National Law Review1d
Texas Passes Law Expanding Mortgage Borrower Protections
Effective November 23, 2024, the Texas Department of Savings and Mortgage Lending (the “DSML”) adopted new rules affecting mortgage loan companies, mortgage bankers, individual residential mortgage ...
The National Law Review1d
CFPB Seeks Input to Address Coerced Debt and Financial Abuse Under FCRA
On December 9, the CFPB announced its release of an advance notice of proposed rulemaking to gather information in preparation for the release of a proposed rule to address concerns related to informa ...
The National Law Review1d
EPA’s PFAS Dragnet: What Companies Need to Know About PFAS Reporting Under TSCA Section 8(a)(7)
Compliance with EPA’s Rule for Reporting and Recordkeeping Requirements for per- and polyfluoroalkyl substances (PFAS) under the Toxic Substances Control Act (TSCA) Section 8(a)(7) will demand the ...
The National Law Review1d
CFPB Release Final Rule on Overdraft Fees
On December 12, the CFPB released the final version of its overdraft rule that was first proposed in January. (We discussed it here.) Currently, financial institutions that extend overdraft protection ...
The National Law Review1d
CFPB Bans Debt Collection Agency Over Student Loan Abuses
On December 9, the CFPB entered into a consent order with a debt collection agency for alleged unlawful student loan debt collection practices against defaulted borrowers. The debt collection agency’s ...