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


Consumer Financial Protection Bureau (CFPB)

Fifth Circuit Modifies Prior Order Staying the CFPB Payday Loan Rule to “Clarify” that the Compliance Date is March 30, 2025

CFPB Voluntarily Extends Effective Date of Advisory Opinion on Medical Debt

CFSA Seeks Clarification from Fifth Circuit of Required Compliance Date for CFPB Payday Loan Rule

House Resolution Introduced to Disapprove the CFPB Advisory Opinion on Medical Debt Collection Practices

Fifth Circuit Denies Rehearing in CFPB Payday Loan Rule Challenge

CFPB Releases Study on Differential Treatment of Black and White Small Business Owners Seeking Loans

Lawsuit Filed Challenging CFPB’s Advisory Opinion on Medical Debt

CFPB Reaches Settlement with Townstone Financial, Inc.

Fifth Circuit Grants Expedited Appeal in Challenge to CFPB’s Section 1071 Final Rule; Denies Temporary Administrative Stay


Consumer Financial Services

New Mexico Supreme Court Finds Credit Union’s Employees Engaged in the Unlicensed Practice of Law

In Rem Jurisdiction Matters: Fifth Circuit Clarifies Jurisdictional Requirements Over Attached Funds at Riyad Bank


Debt Buyers + Collectors

New Mexico Federal Court Denies Summary Judgement on Majority of Claims Brought Under the TCPA Over Telemarketing Calls

NYC DCWP Clarifies Amended Definition of “Debt Collector” Still Includes Creditors

FTC Halts Debt Collector Over Alleged $7.6 Million Scheme

NYC DCWP Announces New Effective Date for Amended Debt Collection Rules


Regulatory Enforcement + Compliance

Will the California Supreme Court Finally Curtail the State’s Historic Hostility to Arbitration?

Registration Information Released for California DFPI’s Earned Wage Access Regulations

FCC Announces Effective Date for One-to-One Consent Rule

Global Tel Link Fined $3 Million for Alleged Unfair Practices Related to Payment Accounts for Incarcerated Persons

Effective Date Announced for New TCPA Rules on Consent Revocation

Ninth Circuit Issues Decision Limiting Scope of Concepcion


Podcasts

The Consumer Finance Podcast – Navigating New York City’s New Debt Collection Rules

The Consumer Finance Podcast – Navigating the NYDFS’ Cybersecurity Guidance on AI

The Consumer Finance Podcast – CFPB’s Supervisory Highlights on Auto-Finance and Auto-Servicing

The Crypto Exchange Podcast – Navigating the Dark Side of Crypto: Crime, Compliance, and Consumer Protection

FCRA Focus Podcast – How to NOT Be Considered a CRA

Moving the Metal: The Auto Finance Podcast – Lemon Law Shakeup: Rodriguez vs. FCA US Has Unexpected Result

Moving the Metal: The Auto Finance Podcast – CFPB’s Supervisory Highlights on Auto-Finance and Auto-Servicing

Moving the Metal: The Auto Finance Podcast – Breaking Granite: Understanding New Amendments to the New Hampshire Retail Installment Sales Act


Newsletters

Troutman Pepper Weekly Consumer Financial Services Newsletter – Week of November 25, 2024

Troutman Pepper Weekly Consumer Financial Services Newsletter – Week of November 18, 2024

Troutman Pepper Weekly Consumer Financial Services Newsletter – Week of November 11, 2024

Troutman Pepper Weekly Consumer Financial Services Newsletter – Week of November 4, 202

Insight Industries + Practices