PYMNTS

DECEMBER 12, 2019

In the lawsuit, filed in in the United States District Court for the District of Columbia, PayPal said the CFPB rule that requires disclosure for digital wallets and prepaid debit cards places “unreasonable restrictions” on consumers’ abilities to link certain credit products to PayPal accounts.

District of Columbia 138

District of Columbia Cards Regulation United States 138

PYMNTS

APRIL 22, 2016

District Court for the District of Columbia has ruled that the CFPB does not have the jurisdiction to proceed with an investigation of the Accrediting Council for Independent Colleges and Schools (ACICS), a nonprofit group that accredited hundreds of for-profit schools. Judge Leon wrote. “As

District of Columbia 100

District of Columbia Lending Groups Regulation 100

Abrigo

APRIL 6, 2022

These state laws are in addition to the consumer breach notification laws adopted by all 50 states and the District of Columbia, which may require notification to a state agency as well as the consumers. Lending & Credit Risk. Lending & Credit Risk. How and When. What are the new notification requirements?

Security 195

Security Regulation District of Columbia United States 195

CFPB Monitor

APRIL 13, 2020

Complaints were received from servicemembers in all 50 states and the District of Columbia, with the largest number of complaints coming from California, Texas, and Florida (states that the OSA pointed out have the largest veteran concentrations). Noteworthy items include: Top Complaints Received from Military Consumers During FY19.

Report 78

Report District of Columbia Survey social media 78

American Banker

AUGUST 9, 2016

Barclays settles again: Barclays Bank agreed to pay $100 million to settle charges by 43 states and the District of Columbia that it tried to manipulate the London interbank offered rate thereby defrauding government entities and nonprofits out of millions of dollars. Receiving Wide Coverage.

District of Columbia 28

District of Columbia Lending New York Regional 28

CFPB Monitor

OCTOBER 3, 2022

The court noted the plaintiffs asserted “that HMDA data have been invaluable in ‘uncovering and addressing redlining, fair lending violations, and other inequitable lending practices’ over the decades.” Additionally, a number of the new data reporting items are complex.

DC 78

DC Report District of Columbia Data 78

CFPB Monitor

MAY 4, 2021

With regard to the method and volume of advertising, the CFPB asserts that since December 2015 Nationwide has mailed hundreds of thousands of mortgage advertisements and distributed flyers to older homeowners and financial professionals whose clients were older homeowners in at least 36 states and the District of Columbia.

Taxes 78

Taxes District of Columbia Regulation Payments 78

Abrigo

OCTOBER 31, 2022

Real estate lending BSA training should include GTO guidance , specifically on how to identify red flags at loan origination. Real estate lending BSA training should include the GTOs guidance. FinCEN reissued Geographic Targeting Orders to include two new metropolitan areas. to ensure the detection of these transactions. learn more.

New York City 195

New York City Las Vegas District of Columbia San Antonio 195

CFPB Monitor

AUGUST 30, 2018

In contrast, a group of 16 state Attorneys General and the AG for the District of Columbia sent a comment letter to HUD urging it not to make any changes to the Rule, arguing that it is “fully consistent” with Inclusive Communities and that any changes would be “susceptible to meritorious legal challenge.”

Groups 68

Groups Rhode Island District of Columbia North Carolina 68

CFPB Monitor

SEPTEMBER 13, 2018

On September 5, 2018 a group of 14 state Attorneys General and the AG for the District of Columbia sent a comment letter to CFPB Acting Director Mick Mulvaney, urging him to refrain from “reexamining the requirements” of the Equal Credit Opportunity Act (“ECOA”).

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

CFPB Monitor

MARCH 16, 2021

Also, over 20 state laws and the District of Columbia already prohibit discrimination in credit transactions on the basis of sexual orientation or sexual identity.

Regulation 78

Regulation District of Columbia Georgia Policies 78

PYMNTS

APRIL 14, 2020

CDFIs — which exist in all 50 states, the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands — offer loan money in times of disaster to businesses that typically can’t get funding from banks.

Puerto Rico 150

Puerto Rico Virgin Islands District of Columbia Kansas City 150

PYMNTS

DECEMBER 11, 2019

That’s why, she noted, the Opportunity Fund in 2012 created a low-cost lending program for independent truckers to provide them with the funds to either retrofit their existing trucks into compliance with the state’s regulations, if possible, or to put a down payment on a new vehicle if not.

California 131

California District of Columbia Lending Taxes 131

CFPB Monitor

OCTOBER 24, 2018

Section 987(f)(6)) that states the MLA “shall be enforced by the agencies specified in section 108 of the Truth in Lending Act (15 U.S.C. They cite to the MLA provision (10 U.S.C. 1607) in the manner set forth in that section or under any other applicable authorities available to such agencies by law.” Such agencies include the CFPB.

Puerto Rico 74

Puerto Rico Virgin Islands District of Columbia Exercises 74

CFPB Monitor

FEBRUARY 2, 2017

Circuit panel that issued the PHH decision last October has issued a per curiam order denying the three motions to intervene that were filed in the case last month.

District of Columbia 60

District of Columbia United States Leadership Conference 60

CFPB Monitor

JANUARY 30, 2017

This past Friday, PHH filed a supplemental response to the CFPB’s petition for en banc rehearing and a response opposing the motion filed by Democratic Attorneys General of 16 states and the District of Columbia to intervene in the PHH appeal. Supplemental Response. Response to Motion to Intervene. ”

United States 60

United States District of Columbia Leadership Conference 60

CB Insights

OCTOBER 31, 2017

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. It did not close because the customer base isn’t there or due to a lack of demand for its lending products. -Kyle Hill, HomeCare CEO. Product: BTCJam.

Company 78

Company US San Francisco Capital 78

CFPB Monitor

DECEMBER 17, 2018

Twenty-three Democratic members of the House Financial Services Committee have sent a letter to Kathy Kraninger, the CFPB’s new Director, urging the Bureau to resume examining its supervised entities for compliance with the Military Lending Act (MLA).

Puerto Rico 60

Puerto Rico Virgin Islands District of Columbia Lending 60

CFPB Monitor

FEBRUARY 2, 2017

In its response in opposition to the motion to intervene filed by the Democratic Attorneys General of 16 states and the District of Columbia, PHH indicated that it would be responding to the motion to intervene filed by the Democratic lawmakers as well as the motion to intervene filed by the consumer advocacy groups.

District of Columbia 60

District of Columbia United States Leadership Conference 60

CFPB Monitor

JANUARY 7, 2021

However, the AG plaintiffs in the new lawsuit instead view the Rule as “an unlawful attempt” by the OCC to “facilitate predatory lending” and support “rent-a bank schemes.”. The OCC anticipated and refuted many of the Complaint’s allegations in the Supplementary Information published with the final Rule.

District of Columbia 78

District of Columbia North Carolina New York Policies 78

Independent Banker

OCTOBER 1, 2022

However, the ambiguous legal landscape complicates compliance; 47 states, the District of Columbia and four U.S. While more and more community banks are undertaking depository relationships with CRBs, banks have been much more hesitant to enter lending relationships. We put the customers through an intense application process.”.

Marketing 113

Marketing Compliance Community Community Bank 113

CFPB Monitor

MARCH 8, 2017

The petition for rehearing en banc filed by Democratic AGs from 16 states and the District of Columbia was denied as were the motions for reconsideration en banc filed by Senator Sherrod Brown and Representative Maxine Waters and by Americans for Financial Reform, Center for Responsible Lending, Leadership Conference on Civil and Human Rights, United (..)

District of Columbia 68

District of Columbia United States Texas Leadership 68

PYMNTS

FEBRUARY 7, 2018

Court of Appeals for the District of Columbia. “I also applaud him for realigning his agency’s mission to the current needs of the nation, making its processes more transparent and fair.” ” “I have been impressed with Mick’s leadership and emphasis on operational efficiency and excellence,” Otting added.

District of Columbia 108

District of Columbia Regulation Leadership System 108

CFPB Monitor

FEBRUARY 13, 2017

This past Friday, a petition for rehearing en banc was filed by Democratic AGs from 16 states and the District of Columbia and motions for reconsideration en banc were filed by Senator Sherrod Brown and Representative Maxine Waters and by Americans for Financial Reform, Center for Responsible Lending, Leadership Conference on Civil and Human Rights, (..)

Groups 68

Groups District of Columbia United States Leadership 68

CFPB Monitor

JANUARY 26, 2017

This past Monday, the Democratic Attorneys General of 16 states and the District of Columbia filed a motion with the D.C. Circuit seeking to intervene in the PHH appeal. Today, two more motions to intervene were filed.

Groups 60

Groups District of Columbia United States Leadership 60

CFPB Monitor

MAY 3, 2021

Since the non-bank entity frequently is a fintech, these arrangements often are referred to as bank-fintech partnerships or marketplace lending arrangements. These speakers consistently conflated payday lending and bank-fintech partnership lending, and ignored correction of this mis-characterization by other witnesses.

North Carolina 60

North Carolina Lending National District of Columbia 60