CFPB and CSBS Issue Joint Statement Regarding CARES Act Mortgage Loan Forbearances

JD Supra (press release)
The Consumer Financial Protection Bureau (CFPB) and Conference of State Bank Supervisors (CSBS) recently issued a joint statement addressing ...

Kohl's reaches settlement with FTC over identity theft allegations

Greater Milwaukee Today
... allegations that the Wisconsin-based retailer violated the Fair Credit Reporting Act (FCRA) by refusing to provide complete records of transactions to ...

Credit Reporting in a COVID World

JD Supra (press release)
... consumer reporting agencies must do so with accuracy and integrity consistent with the Fair Credit Reporting Act and its implementing regulations.

CFPB and CSBS Provide Additional Guidance Regarding CARES Act Mortgage Forbearance

JD Supra (press release)
The Consumer Financial Protection Bureau and the Conference State Bank Supervisors issued joint guidance to mortgage servicers clarifying the ...

Kohl's agrees to $220K settlement in FCRA case FTC calls a 'warning' to businesses

Reuters
... did not give identity theft victims complete records in violation of the Fair Credit Reporting Act, the U.S. Federal Trade Commission said Wednesday.

The COVID-19 Crisis And Credit Reporting

National Mortgage Professional Magazine
Section 4021 of the CARES Act amends the Fair Credit Reporting Act so that furnishers of information to credit reporting agencies who agree to ...

Read Before You Act: An Inaccurate Reporting Under FCRA Is More than Just a Tradeline Entry

The National Law Review
Read Before You Act: An Inaccurate Reporting Under FCRA Is More than Just a Tradeline Entry. Monday, June 15, 2020. On Friday, after reviewing ..

Court Confirms CRAs under No Duty to Include Tradelines

The National Law Review
... Minnesota helpfully confirmed that although consumer reporting agencies (“CRAs”) are required by the Fair Credit Reporting Act (“FCRA”) to ensure ...

The FTC Expands its FCRA Enforcement Activity In Action Against Retailer

JD Supra (press release)
The Fair and Accurate Credit Transactions Act (“FACTA”) which amended the FCRA in December 2003, was intended to enhance consumer ...

CFPB Issues Guidance on Consumer Reporting and the CARES Act

ACA International
... Act (CARES Act) and the Fair Credit Reporting Act when they furnish information to consumer reporting agencies about consumers impacted by the ...

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