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Financial Services Industry › Banking Sector › Data Brokers

Orrick, Herrington & Sutcliffe LLP

CFPB Director speaks on new and proposed rules for “data brokers”

Orrick, Herrington & Sutcliffe LLP on

On April 2, the Director of the CFPB, Rohit Chopra, delivered a speech at the White House Office of Science and Technology Policy highlighting President Biden’s recent Executive Order (EO) to Protect Americans’ Sensitive...more

Katten Muchin Rosenman LLP

CFPB Director Announces Intention to Propose Rules Targeting the Reliance on Non-Traditional Data Sources in Consumer Finance

Katten Muchin Rosenman LLP on

Long gone are the days when a bank or finance company relies simply on a traditional credit score or report to decide whether to make a loan. For some time now, banks and consumer finance companies have sourced data from a...more

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