Member Update: Debt Collection Missing from CFPB’s Agenda as Bureau Focuses on Other Regulatory Approaches

 

The spring 2022 regulatory agenda includes lending and consumer data proposals while debt collection and credit reporting are on the bureau’s radar in public forums. 06/23/2022 12:15 P.M. 4 minute read The Consumer Financial Protection Bureau released its regulatory agenda for spring 2022 including proposed rules on consumer access to financial records and lending data […]

Read More…

Recording Available – ACA Huddle: Revisiting Reg F

 

ACA’s Senior Counsel Colin Winkler is joined by legal and litigation trend experts and reviews the regulatory landscape since Reg F took effect. Meeting Recording Access Passcode: c^9&.%6u     It’s been over 6 months since Reg F went into effect and this ACA Huddle for members focuses on Reg F litigation trends and compliance […]

Read More…

CFPB Opens Request for Comment on ‘Relationship Banking’

 

The bureau is seeking public comment regarding “relationship banking and customer service” to determine what information would be helpful for consumers to be able to obtain from their banks. 06/21/2022 10:15 A.M. 1.5 minute read A public comment request on “relationship banking” announced by the Consumer Financial Protection Bureau during last week’s bank town hall is now […]

Read More…

CFPB Director Focused on ‘Rethinking the Approach to Regulations’

 

Rohit Chopra continues the Consumer Financial Protection Bureau’s move to increase guidance, implement congressional directives and review rules inherited from other agencies, such as the Federal Trade Commission. Editor’s note: This article is available for members only. 06/20/2022 11:45 A.M. 2.5 minute read In a new blog post, Consumer Financial Protection Bureau Director Rohit Chopra […]

Read More…

ACA Responds to CFPB Report on Service Members’ Financial Issues

 

The CFPB’s report, like other recent bureau reports on medical debt complaints, lacks context on consumer complaint data. Editor’s note: This article is available for members only. 06/16/2022 10:30 A.M. 6 minute read The Consumer Financial Protection Bureau has released its annual report from the Office of Servicemember Affairs on financial issues experienced by service […]

Read More…

Stakeholders Concerned with CFPB’s Supervisory Authority Procedural Rule

CFPB logo

 

Banking and fintech industry comments on the bureau’s procedural rule show support for fair and transparent regulations, and align with ACA’s response that the process violates the Administrative Procedure Act and falls under regulation by enforcement. Editor’s note: This article is available for members only. 06/13/2022 2:00 P.M. 4.5 minute read Several commenters on the […]

Read More…

FDCPA Commercial Debt Collection Bill Back on Capitol Hill

 

The House Financial Services Committee will review the bill that would expand the FDCPA to small businesses and commercial debt collection in a markup hearing June 14. 06/11/2022 8:30 A.M. 2 minute read Editor’s note: The House Financial Services Committee sent a notice Tuesday that the markup has been postponed until further notice.  Review of […]

Read More…

Coming to Montana: CFPB Hosts Town Hall with Director Rohit Chopra

 

The virtual and in-person event is an opportunity for local organizations, advocates and consumers to discuss financial challenges in rural areas. ACA members in the area are encouraged to attend or join online. 06/08/2022 2:15 P.M. 1 minute read The Consumer Financial Protection Bureau is resuming meetings with stakeholders and consumers this month, including a […]

Read More…

Latest Brief in Nevada Medical Debt Law Appeal Sticks to First Amendment Arguments and State and Federal Law Interplay

 

The plaintiffs-appellants contest deprivation of constitutional rights in Nevada’s medical debt law and First Amendment violations preventing collectors from engaging in a lawful business and helping consumers resolve their accounts. Editor’s note: This article is available for members only. 06/08/2022 2:00 P.M. 5 minute read The plaintiffs-appellants in the case challenging the Nevada medical debt […]

Read More…

This site uses cookies. By continuing to use our site, you are agreeing to our use of cookies. Review our Privacy Policy for more information. You may change your preferences on how cookies are stored by reviewing the settings on your browser.

The content on this site is presented for educational, general reference, and informational purposes only; is not intended to serve as legal or other advice; is not intended to be a full and exhaustive explanation of the law in any area; and should not replace the advice of your own legal counsel. By continuing to use our site, you are agreeing to the legal disclaimers in our Terms of Use. Review our Terms of Use for more information.

Friendly Reminder

Get continued access to ACA International’s wide array of resources, which can help you become more profitable, compliant and successful.

Renew your membership today to take advantage of tools you won’t find anywhere else:

  • Discounts on seminars, products, services and events
  • Resources to strengthen your compliance department
  • Industry-specific risk management products and services
  • Participation in ACA’s online community, The Hub
    Members-only website content
  • Professional development and training opportunities, and so much more!