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The CFPB recently issued its long-awaited proposed rule amending the mortgage servicing rules under Regulation X, with a focus on streamlining and| Consumer Finance Monitor
Today, the CFPB issued its final rule defining larger participants of the consumer debt collection market. The final rule becomes effective on January 2,| Consumer Finance Monitor
The Consumer Financial Protection Bureau issued its Final Rule on July 16 defining what constitutes a “larger participant” in the consumer reporting market. Beginning on September 30, 2012, larger participants will be subject to supervisory examination by the Bureau for compliance with federal consumer financial laws.| www.ballardspahr.com