CFPB Issues Advisory on Personal Data Compilation

The Consumer Financial Protection Bureau on Thursday issued a legal interpretation on how companies that use and share credit reports and background reports can do so under the Fair Credit Reporting Act.

Housing Market Roundup, July 6 2022

Here is a summary of recent housing, market and economic reports that have come across the MBA NewsLink desk:

CFPB Bolsters Enforcement Efforts by States

In another effort to promote enforcement of consumer protection laws, the Consumer Financial Protection Bureau last week issued an interpretive rule that supports states’ authorities to pursue lawbreaking companies and individuals that violate provisions of federal consumer financial protection law.

CFPB Bolsters Enforcement Efforts by States

In another effort to promote enforcement of consumer protection laws, the Consumer Financial Protection Bureau last week issued an interpretive rule that supports states’ authorities to pursue lawbreaking companies and individuals that violate provisions of federal consumer financial protection law.

Housing Market Roundup: May 20, 2022

Catching you up on housing and economic reports that came across the MBA NewsLink desk this week during and after the MBA National Secondary and Capital Markets Conference & Expo in New York:

CFPB: ECOA Protects Borrowers After Applying for, Receiving Credit

The Consumer Financial Protection Bureau on Monday published an advisory opinion affirming the Equal Credit Opportunity Act—a federal civil rights law protecting individuals and businesses against discrimination in accessing and using credit—bars lenders from discriminating against customers after they have received a loan, not just during the application process.