Our team published new content and podcasts to the Consumer Financial Services Law Monitor throughout the month of December. To catch up on posts and podcasts you may have missed, click on the links below:


Banking

CFPB Releases Semiannual Regulatory Agenda Amid House Financial Services Committee Leaders’ Calls to Halt Rulemaking

NCUA Issues Guidance to Federal Credit Unions on Overdraft and NSF Fee Practices

OCC Releases Updated UDAAP Supervision and Examination Procedures Booklet

 


Consumer Financial Services

October 2024 Consumer Litigation Filings: Everything Up

September 2024 Consumer Litigation Filings: Mostly Down for Month But Still Up YTD

 


Consumer Financial Protection Bureau (CFPB)

CFPB Urges Other Regulators to Take Action on So-Called Bait-and-Switch Credit Card Rewards Tactics

CFPB Releases Supervisory Highlights Focusing on Student Loan Practices

CFPB Finalizes Rule on Overdraft Fees for Large Financial Institutions

CFPB Initiates FCRA Rulemaking to Address Coerced Debt

Texas Federal Court Denies CFPB’s Motions and Finds Plaintiffs Likely to Succeed on the Merits in Significant Credit Card Late Fee Rule Decision

CFPB Finalizes Rule on Federal Oversight of Digital Payment Apps

Federal and State Financial Agencies Issue Guidance on Elder Financial Exploitation

The CFPB Proposes New FCRA Rule to Dramatically Expand Its Scope, Though Finalization is Unlikely

 


Mortgage Lending

Troutman Represents all Fifty States Bankers Associations in D.C. in Tenth Circuit DIDMCA Opt-Out Litigation

 


Debt Buyers + Collectors

Sixth Circuit Confirms No FDCPA Violation for Debt Collection Within the Statute of Limitations

 


Regulatory Enforcement + Compliance

FTC and Illinois AG Secure $20M Settlement with Leader Automotive Group Over Allegedly Deceptive Practices

Eleventh Circuit Judges Question FCC’s One-to-One Consent Rule

FTC Releases Final Junk Fee Rule, Modified to Target Live-Event Tickets and Short-Term Lodging

FTC Distributes $540,000 in Refunds to Victims of Deceptive Debt Collection Scheme


Podcasts

The Consumer Finance Podcast – Uncovering Disparities: The CFPB’s Small Business Lending Study

The Consumer Finance Podcast – What Financial Services Companies Need to Know in a Second Trump Administration

The Consumer Finance Podcast – The CFPB’s Nonbank Registry Rule: Challenges and Implications

The Crypto Exchange Podcast – Understanding the DFPI’s Proposed Rules: A Deep Dive Into California’s Digital Financial Assets Law

FCRA Focus Podcast – The FHA’s Impact on Consumer Reporting Agencies

Moving the Metal: The Auto Finance Podcast – 2024 Privacy Trends and Their Impact on Auto Finance

The Payment Pros Podcast – Understanding the DFPI’s Proposed Rules: A Deep Dive Into California’s Digital Financial Assets Law

The Payment Pros Podcast – Navigating CFPB Enforcement: Key Takeaways From the Global Tel Link Consent Order


Newsletters

Weekly Consumer Financial Services Newsletter – Week of December 23, 2024

Weekly Consumer Financial Services Newsletter – Week of December 16, 2024

Weekly Consumer Financial Services Newsletter – Week of December 9, 2024

Weekly Consumer Financial Services Newsletter – Week of December 2, 2024

 

Insight Industries + Practices