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CFPB’s credit card late fee rule shot down
A federal judge upheld an order blocking the Consumer Financial Protection Bureau’s $8 cap on credit card late fees.
Dec 10, 2024
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Article
Consumer Financial Protection Bureau (CFPB)
CFPB seeks input for rulemaking on domestic violence, elder abuse
The Consumer Financial Protection Bureau launched a rulemaking to address the effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of...
Dec 10, 2024
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Article
Consumer Financial Protection Bureau (CFPB)
Compliance
Fed clarifies account access guidelines
The Federal Reserve provided a technical clarification that its account access guidelines also apply to excess balance accounts.
Dec 10, 2024
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Article
Federal Reserve
Independent Banker shares top compliance issues of 2024
Guidance and proposed rules from regulatory agencies this year kept community banks on their toes, according to the latest Independent Banker magazine.
Dec 09, 2024
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Article