News & Analysis as of

Consumer Financial Protection Bureau (CFPB) Consumer Lenders Recordkeeping Requirements

Alston & Bird

CFPB Expands its Reach with Final Rule Establishing Nonbank Registry of Public Settlements, Consent Orders and Enforcement Actions

Alston & Bird on

What Happened? On June 3, 2024, the Consumer Financial Protection Bureau (CFPB or Bureau) issued its Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final Rule (the Final Rule), a 486-page rule...more

Holland & Knight LLP

CFPB Outlines Long-Awaited Debt Collection Reforms

Holland & Knight LLP on

The Consumer Financial Protection Bureau (CFPB) released on July 28 new proposals designed to "overhaul" the practices of the debt collection industry. The proposals include sweeping changes to existing regulations, including...more

Troutman Pepper

High-Cost Lending at Risk Under CFPB Proposed Rules

Troutman Pepper on

The proposed rule raises troubling issues regarding the impact on some traditional bank products as well as some marketplace lending products. The Consumer Financial Protection Bureau (CFPB or Bureau) released its...more

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