Consumer Credit and Privacy Compliance
Online research tools to manage compliance with federal and state laws and regulations
CounselorLibrary.com, LLC, an affiliate of the law firm of Hudson Cook, LLP, is the leading compliance resource for the consumer financial services and privacy industries, providing comprehensive coverage and analysis of federal and state laws, regulations, and litigation. Select a category below, or view all products.
Last Week, This Morning
Key developments from the past week in consumer and commercial finance and privacy law.
Draft, Bipartisan Federal Data Privacy Bill Released
Spring Edition of CFPB’s Supervisory Highlights Focuses on Credit Reporting and Furnishing
Kentucky Expands Provisions Governing Amendment of Recorded Mortgages
Wisconsin Revises Laws Governing Licensed Financial Services Providers
Iowa Authorizes Remote Work by Mortgage Loan Originators
Arizona and West Virginia Amend RTO Statutes to Address Virtual Hang Tags
Significant Changes Made to Kansas Mortgage Business Act and Uniform Consumer Credit Code
Three Trade Groups Sue in Federal Court to Invalidate Colorado DIDMCA Opt-Out
California Bill Would Subject Small Business Debts to State Debt Collection Law
CFPB Monitoring Use of In-Game and Virtual Currencies Within Gaming Industry and Provision of Gaming-Specific Financial Products
FHA Extends Partial Waiver of Face-to-Face Interview Requirement for Mortgagees
New York Bill, if Passed, Will Have Major Implications for Variety of Financing Transactions
Used Car Safety Recall Repair Act Introduced in Senate
Wisconsin Regulates Providers of Earned Wage Access Services
West Virginia Updates Mortgage Lender, Broker, and Servicer Laws
Florida Bans Children Under 14 from Obtaining Social Media Accounts
Hudson Cook Insights
Today's Trends in Credit Regulation
FTC Announces Telemarketing Sales Rule Amendment Regulating B2B Telemarketing
By Michael A. Goodman
On March 7, 2024, the Federal Trade Commission announced significant amendments to its Telemarketing Sales Rule. The effective dates for these changes are tied to publication of this announcement in the Federal Register, which has not yet happened. article continued
New York Financing Arrangements Bill Would Have Major Implications for Commercial Financing
By Thomas P. Quinn, Jr.
A bill before the New York State Assembly would, if passed, have major implications for a variety of financing transactions in the Empire State. Titled the End Loan Sharking Act, Assembly Bill 9585 would subject a variety of products to the state's usury limits and licensing requirements. article continued
CFPB Bites of the Month - March 2024 - Here Comes the Sun and the CFPB
By Justin B. Hosie, Eric L. Johnson and Laura J. Bacon
In this month's article, we share some of our top "bites" covered during the March 2024 webinar. article continued
FCC Continues to Roll Out TCPA Changes and Interpretations
By Michael A. Goodman
On February 16, 2024, the Federal Communications Commission released a Report and Order establishing significant new standards regulating Telephone Consumer Protection Act consent and revocation of consent. In recent weeks, the FCC has announced guidance relating to the use of lead generators and prerecorded messages involving artificial intelligence. article continued