In Case You Missed It: Consumer Financial Services Law Monitor - May 2024 in Review
Our team published new content and podcasts to the Consumer Financial Services Law Monitor throughout the month of May. To catch up on posts and podcasts you may have missed, click on the links below:
Consumer Financial Services Trends
April 2024 Consumer Litigation Filings: Trending Up for Most
March 2024 Consumer Litigation Filings: Mixed Bag for New Filings, Complaints Still Up YTD
Consumer Financial Protection Bureau
CFPB Rules Buy Now, Pay Later Lenders Must Offer Key Credit Card Protections
CFPB Files Lawsuit Against SoLo Funds for Alleged Deceptive Lending Practices
On Heels of Supreme Court Decision, CFPB Announces Updated Compliance Dates for its 1071 Rule
The Decision Is In: The Supreme Court Upholds the CFPB’s Funding Structure
CFPB Fixes Spotlight on Credit Card Rewards Programs
Fifth Circuit Denies CFPB’s Petition for Panel Rehearing in Credit Card Late Fee Rule Lawsuit
CFPB Continues Medical Expenses Scrutiny by Highlighting the Costs of Health Savings Accounts
CFPB Issues Findings on Recent Changes in Medical Collections on Consumer Reports
Credit Reporting + Data Brokers
Sixth Circuit Holds FCRA Preempts Defamation Claim
Illinois Passes Legislation to Ban Reporting of Medical Debt
Cards + Payment Processing
Telephone Consumer Protection Act (TCPA)
Regulatory Enforcement + Compliance
Supreme Court Rules District Courts Must Issue Stays Pending Arbitration
JAMS Issues New Mass Arbitration Procedures
California DFPI’s Proposed EWA Legislation Rejected by Office of Administrative Law
Debt Buyers + Collectors
Third Circuit Holds “Confusion, Without More” Is Not Enough to Confer Standing Under the FDCPA
Fair Lending
New Policies From FHA and FHFA Allow Borrowers to Challenge Property Appraisals
Cryptocurrency
Cryptocurrency, Sweepstakes, and the Supreme Court: A Tale of Two Contracts
Podcasts
The Consumer Finance Podcast - A Deep Dive into HUD’s New Guidance on AI-Driven Targeted Advertising
The Consumer Finance Podcast - Auto Finance – The Holder Rule
The Consumer Finance Podcast - Understanding the CFPB’s Rules for Risk-Based Nonbank Supervision
The Consumer Finance Podcast - Navigating Mass Arbitration: New Rules and Strategies
The Consumer Finance Podcast - Auto Finance – The CFPB Complaints Report
FCRA Focus - The Kirtz Decision: FCRA and Government Liability Unpacked
Weekly Newsletters
Troutman Pepper Weekly Consumer Financial Services Newsletter – Week of May 27, 2024
Troutman Pepper Weekly Consumer Financial Services Newsletter – Week of May 20, 2024
Troutman Pepper Weekly Consumer Financial Services Newsletter – Week of May 13, 2024
Troutman Pepper Weekly Consumer Financial Services Newsletter – Week of May 6, 2024