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CFPB Issues Rule Affirming States’ Ability to Protect Residents

The Bureau clarified that states have the flexibility to preserve fair and competitive credit-reporting markets by enacting state-level laws stricter than the Fair Credit Reporting Act, which does not stop states from enacting laws tackling problems related to medical debt, tenant screening, and other consumer risks.

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Adapting to an Evolving Regulatory Landscape

The recent Legal League 100 Servicer Summit in Dallas brought together the nation’s top financial services law firms under the same roof as leading mortgage servicing executives to discuss default policies, procedures, and issues with leading mortgage servicing executives.

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