GET STARTED

CONSUMER LENDING, COMPLIANCE, AND
CREDIT RISK & REPORTING NEWS

Credit Reporting Social Media Trends - Q1 2025

READ MORE

This week's top headlines

CFPB Orders Equifax to Pay $15 Million for Improper Investigations of Credit Reporting Errors

CFPB Orders Honda’s Auto Financing Arm to Pay $12.8 Million for COVID-19 and Other Credit Reporting Failures

Kyle S. Hauptman Designated as NCUA Board Chairman

Scrutiny on Financial Institutions Compliance Expected to Increase During Trump Administration

Whitehouse – Regulatory Freeze Pending Review

Want a new issue of The Scanner delivered right to your inbox each Friday? Sign up below to get on the list!

Recent News

Fiserv names Bisignano’s successor
New York obtains $1.065 billion judgment against accused predatory lender
Inside Citi’s quest to battle BNPL fintechs
CFPB Finds More Vehicles Eligible for Repossession Than Pre-Pandemic
Andrew N. Ferguson Takes Over as FTC Chairman
King & Spalding Obtains Dismissal of a Proposed Class Action Alleging Equifax Violated Antitrust
CFPB Orders Honda’s Auto Financing Arm to Pay $12.8 Million for COVID-19 and Other Credit Reporting Failures
CFPB Takes Action to Address Illegal Debt Collection Practices by the National Collegiate Student Loan Trusts
Navigating NCUA’s 2025 supervisory priorities: How credit unions partner to succeed in the new year
CFPB should encourage states to educate consumers, not enact more UDAAP statutes
CFPB Highlights Fair Lending Risks in Advanced Credit Scoring Models
CFPB Report Signals Shift to State-Level Enforcement
Large Bank Credit Card and Mortgage Data 2024 Q3 Narrative
Minimum payments on credit cards hit record level as delinquencies also rise
CFPB announces March 30 compliance date for “payday” lending rule
CFPB requests information on language access in consumer finance
Trump Orders Regulatory, Hiring Freeze
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – January 2025 # 3
Scrutiny on Financial Institutions Compliance Expected to Increase During Trump Administration
Common Background Screening Mistakes
FTC Sends More Than $5 Million in Refunds to Consumers Harmed by Bogus Debt Relief Scheme
ABA Banking Journal’s annual compilation of challenges for a new year
Holding Government Contractors Accountable for Wrongdoing
CFPB Urges States to Enact Consumer Protections
Trump Orders Regulatory, Hiring Freeze
2nd challenge to CFPB medical debt reporting rule filed in Texas
Wells Fargo hires JPMorgan executive as head of cards and merchant services
Kyle S. Hauptman Designated as NCUA Board Chairman
Statement from Acting Chairman of FDIC, Travis Hill
Trade Group Launches Ad Defending Credit Union Tax Exemption
How a New Administration Could Reshape the Credit Card Business
NCUA’s 2025 Supervisory Priorities
FDIC Suit Against Former SVB Execs Highlights Continued Scrutiny of Risk Models
CFPB: Mortgage Servicers Must Send Periodic Statements to Homeowners
Trump names acting leadership at Treasury, FDIC, other agencies
Whitehouse – Regulatory Freeze Pending Review
FTC Releases Summary of Key Accomplishments
Supervisory Highlights: Advanced Technologies Special Edition, Issue 38 (Winter 2025)
CFPB Takes Action Against Draper & Kramer Mortgage for Discriminatory Mortgage Lending Practices
CFPB Orders Equifax to Pay $15 Million for Improper Investigations of Credit Reporting Errors
CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
FDIC sues 17 former Silicon Valley Bank executives over collapse
FTC Takes Action Against General Motors for Sharing Drivers’ Precise Location and Driving Behavior Data Without Consent
Arora v. Trans Union, LLC.
Small Texas Bank Sues World’s Largest CU Over Business Check Fraud Concerns
CFPB Orders Operator of Cash App to Pay $175 Million and Fix Its Failures on Fraud | Consumer Financial Protection Bureau
State Enforcement As A Federal Legislative Tool
Consumer advisory: Beware of costly, risky, and complex home equity “investment” contracts
Scott Announces Banking Committee Priorities for the 119th Congress
FDIC’s Gruenberg cautions against ‘complacency,’ urges strong supervision
7 takeaways from Q4 earnings at JPMorgan, Goldman and more
How Affirm, PayPal and Now Musk’s X Money Will Jockey for Gen Z’s Money in 2025
CFPB Issues a Roadmap for States Days Before Trump Takes Office
FDIC OIG reports on readiness to resolve large regional banks
Regulatory Clouds on the Horizon for Solar Financing? Programs Face Headwinds, but the Future Still Looks Bright
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – January 2025 # 2
Hsu urges banking industry to combat rise in fraud
No More Risky Business as Wells Fargo Banks on Compliance
CFPB rescinds earned wage access advisory opinion
CFPB Sues Capital One for Cheating Consumers Out of More Than $2 Billion in Interest Payments on Savings Accounts
CBA Outlines Reforms Needed to Transform CFPB Into the Strong, Durable Regulator Consumers Deserve
FTC Finalizes Order Prohibiting Gravy Analytics, Venntel from Selling Sensitive Location Data
CFPB Report Signals Increased Scrutiny of BNPL Market
ABA unveils key policy priorities for 2025
ABA Unveils Key Policy Priorities in Newly Released 2025 Blueprint for Growth
Strengthening State-Level Consumer Protections
Kolbasko v. Equifax Info. Servs.
Credit Reporting Companies Ask Court to Pause Medical Debt Rule
Key Positions Announced for House Financial Services Committee
American Bankers Association, state affiliates ask Trump to halt regulatory actions pending a review
CFPB Research Reveals Heavy Buy Now, Pay Later Use Among Borrowers with High Credit Balances and Multiple Pay-in-Four Loans
CFPB Proposes Rule to Ban Contract Clauses that Strip Away Fundamental Freedoms
CFPB Finds Hundreds of Thousands of Mortgages in Southeast and Central Southwest US Likely Underinsured Against Flood Risk
CFPB Announces Plans to Regulate Nonbank Personal Loan Providers
NCUA Increases Scrutiny of Overdraft, NSF, and RDI Fees
Preparing for 2025: Navigating compliance in a time of change
ABA, state bankers associations ask Trump to pause all open regulatory actions
Biden Administration Rulemakings at Risk for Congressional Review Act Cancellation in New Congress
Biden’s consumer watchdog is taking a big last-minute risk
Complying With the New “Open Banking” Regime: Primer and Fact Sheet
Congresswomen introduce the Ending Scam Credit Repair Act (ESCRA)
Credit Union Delinquencies Accelerate
Potential Trump pick to lead bank regulator signals lighter rulewriting touch
CFPB data spotlight analyzes small businesses’ financial security
CFPB discusses debt collection practices in the workplace
California Requires Consumer Finance Providers to Register by February 15
Federal Court Allows FCRA Claim to Proceed Over Alleged Unauthorized Credit Pulls
Ally lays off hundreds of employees
6 banking trends to watch in 2025
18 CU Leagues & Associations Join Lawsuit Against CFPB Overdraft Rule
X to Launch X Money in 38 States
Medical Debt Suit Against Credit Bureaus Tossed, For Now
CFPB Plots Personal Lender Oversight, Funds Access Rules
Federal Court Allows FCRA Claim to Proceed Over Alleged Unauthorized Credit Pulls
Wiley Consumer Protection Download (January 7, 2025)
US Consumer Borrowing Drops on Plunge in Credit-Card Balances
Second Circuit Clarifies FCRA Standing Requirement in Two Cases
Industry groups sue over Biden ban on medical debt from credit reports
CFPB Approves Application from Financial Data Exchange to Issue Standards for Open Banking
TD’s next CEO talks about AML fiasco

© 2024 Bridgeforce Data Solutions LLC.

Privacy policy