By Jon Hill (June 17, 2022, 8:13 p.m. EDT) — Bureau of Consumer Financial Protection Director Rohit Chopra said Friday that his agency would take a “fresh look” at some of its existing credit card regulations. credit and credit reports, as well as some Trump-era mortgage rules.
In a blog post, Chopra said the CFPB was looking at a “host” of old rules on its books, including ones that set inflation-indexed limits on what credit card issuers charge in penalties. delay and other costs, which he sought to control. as part of an effort to save consumers money.
Chopra said the CFPB is also reviewing the rules it inherited…
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and more!