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.
2026 Financial Services Conference
November 8-10, 2026
Save the Date! Our 22nd Annual Conference is in Baltimore at the Four Seasons Hotel. For more details and to register, click here.
Last Week, This Morning®
Key developments from the past week in consumer and commercial finance and privacy law.
CFPB Announces Changes to Consumer Complaint Portal
Federal Agencies Adopt Uniform Standards for Reporting Financial Data
FHA Makes Major Updates To Its Single Family Mortgage Insurance Program
Debt Buyer Violated Colorado FDCPA By Failing to Support Collection Complaint with Non-Affidavit Evidence Establishing Ownership of Debt
Car Buyer's Claims Against Dealership Not Subject to Arbitration Where Two Documents Signed in Connection with Car Purchase Contained Conflicting Arbitration Terms
Rhode Island Establishes Financial Condition and Corporate Governance Requirements for Mortgage Servicers
New Jersey Sets Sights on Unlawful "Junk Fees"
Massachusetts Attorney General Issues Advertising Advisory to Dealers
Industry Groups Sue Oregon Over DIDMCA Opt-Out
California AG Resolves Claims Against Mortgage Servicer Related to Loss Mitigation and Forbearance Plans Entered into During COVID-19 Pandemic
Minnesota AG Sues Earned Wage Access Provider
CFPB Issues Statement on Consideration of Immigration Status in Making Ability-to-Repay Determinations
NCUA Issues Interim Final Rule Clarifying Federal Credit Unions' Power to Charge Interchange Fees for Processing Payment Card Transactions
Maryland Office of Financial Regulation Provides Short Window to Obtain Mortgage and Installment Lender License Without Enforcement
Illinois Buy-Now-Pay-Later Loan Consumer Protection Act Awaits Governor's Signature
New York AG Sues Arbitration Platform for Deceptive Practices Involving Arbitrations of Merchant Cash Advance Agreements
Hudson Cook Insights
Today's Trends in Credit Regulation
The Hudson Cook Usury Monitor - A Publication of Recent Usury and Finance Charge Cases - Spring 2026
By Clayton C. Swears
For those interested in all things "Interest" related, we provide a summary of recent state and federal court cases involving usury, finance charges, and interest rates, as they relate to the consumer and commercial credit industries. Please look for our next edition towards the end of summer. article continued
Former CFPB Director Chopra's New Role—"California Will Be Firing on All Cylinders"
By Eric L. Johnson
On May 12, California Governor Gavin Newsom announced the appointment of former Consumer Financial Protection Bureau Director Rohit Chopra to serve as secretary of California's new Business and Consumer Services Agency. If you're doing business in California, have any California contracts in your portfolio, or have consumers with a California address, your world just got a lot more complicated. article continued
Consumer Financial Services Bites of the Month - June 17, 2026 - "Rainy Day in June."
By Justin B. Hosie, Eric L. Johnson and Kristen Yarows
In this month's article, we share some of our top "bites" covered during the June 2026 webinar. article continued
Analysis of New York City Debt Collection Regulation: Part 2 (Challenges for Third Party Collectors)
By Anastasia V. Caton, Charles F. Dodge, Jr. and Thomas P. Quinn, Jr.
As mentioned in Part 1 of our article series, the revised New York City debt collection regulation will become effective on the first of September - so operationalizing compliance with the new rules should be well underway. In this issue, we will focus on contact requirements that will present some challenging nuances for third-party debt collectors trying to comply with both federal Reg F and the revised New York City rule. article continued