News & Insights2018-03-16T18:57:48+00:00

news & insights

stay informed with the latest news and analysis from across the consumer finance industry.

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3107, 2017

OCC will not challenge CFPB arbitration rule

Today, Acting Comptroller of the Currency Keith Noreika issued a statement on the CFPB’s arbitration rule after the Office of the Comptroller of the Currency missed a Saturday deadline to petition the Financial Stability [...]

2707, 2017

CFPB payday lending rule coming soon

Last week, the CFPB issued its semi-annual rulemaking agenda. While the Bureau stated that it was “carefully reviewing” the extraordinary number of comments received in response to its proposed payday rule, it did not [...]

2607, 2017

House votes to revoke CFPB arbitration rule

Last week, Republicans on the House Financial Services Committee introduced a "resolution of disapproval" to override the CFPB's arbitration rule which bans financial services companies from including mandatory class action waivers in consumer contracts. [...]

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