Yesterday, the CFPB put out an Innovation Spotlight blog, Providing adverse action notices when using AI/ML models. The posting notes that…
Read MoreThis week, the U.S. Supreme Court decided Seila Law v. Consumer Financial Protection Bureau. In this case, a divided Court ruled…
Read MoreOn June 16, CFPB issued Consumer Reporting FAQs Related to the CARES Act and COVID-19 Pandemic. These FAQs follow an April…
Read MoreCDIA filed a comment this week with the Taskforce on Federal Consumer Financial Law in response to its March 2020 Request…
Read MoreThe CFPB released its latest fair lending report, Protecting consumers and encouraging innovation: 2019 Fair Lending Report to Congress with a…
Read MoreAs the country and world faces the unprecedented threat of the COVID-19 virus, many consumers are facing financial hardship and risk…
Read MoreAs the U.S. Supreme Court debates the constitutionality of the CFPB, the Fifth Circuit weighed in upholding the Bureau’s constitutionality on…
Read MoreThe SCOTUS blog yesterday had two postings summarizing oral argument earlier in the day in a case that questions the constitutionality…
Read MoreThe CFPB announced that “it will hold a symposium on Consumer Access to Financial Records and Section 1033 of the Dodd-Frank…
Read MoreThe CFPB’s policy statement on abusive acts or practices is still pretty new (here), but already interpretations are being offered, and…
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