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.
OCC and FDIC Finalize Definition of "Unsafe or Unsound Practice" for Purposes of Their Enforcement and Supervisory Authority
Federal Agencies Rescind Interagency Statement on Special Purpose Credit Programs
FTC Seeks Comment on Proposed Policy Statement Concerning Personalized Pricing
FTC and Connecticut Obtain $4 Million Settlement with Vehicle Dealership
Illinois Law Confirms that 10-Year Limitations Period Applies to Actions to Foreclose All Mortgage-Secured Obligations
Vehicle-Secured Creditor Was Not Entitled to Enforce Arbitration Provision in Buyer's Order Where Dealership Did Not Assign Buyer's Order to Creditor When It Assigned Retail Installment Sale Contract
CFPB Ceases Publication of Complaint Narratives and Visualizations
California Privacy Protection Agency Obtains Orders Against Data Brokers for Delete Act and/or California Consumer Privacy Act Violations
State AGs Sue to Vacate OCC's Final Rules Regulating National Bank Escrow Accounts
Regulators of 47 States Reach $15.5 Million Settlement with Mortgage Servicer over Force-Placed Insurance Practices
NYC Releases FAQs on Revised Debt Collection Rule
FTC Will No Longer Pursue Disparate-Impact Claims Under FTC Act and ECOA
Illinois Amends Human Rights Act to Include Discriminatory-Impact Liability
Massachusetts Reminds Businesses of Money Transmission Licensing Requirements
New York Settles with Money Transmitter over Cybersecurity Deficiencies
FDIC Announces New Office of Supervisory Appeals
Massachusetts Issues Temporary Cease and Desist Order Against Check Cashing Business and Owners
Hudson Cook Insights
Today's Trends in Credit Regulation
Illinois Appeals Court Finds Buyer of Defaulted Mortgages Subject to Licensing
By Clayton C. Swears
An interesting collection licensing case was recently decided in Illinois. The case considered whether the state's collection agency license applied to a person who purchased defaulted mortgage loans and these enforced those loans judicial foreclosures. article continued
State Watch: Consumer Protection Enforcement Update
By Anastasia V. Caton
Summer 2026: As a heatwave boiled the East Coast and the U.S. celebrated its 250th birthday, from Alaska to Colorado, and Michigan to Tennessee, state attorneys general went on the offensive, bringing actions against LTO companies, solar installers and finance companies, and unlicensed mortgage and payday lenders. article continued
Consumer Financial Services Bites of the Month - August 19, 2026 - "First Day in August."
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 August 2026 webinar. article continued
Previously Shelved California Commercial Finance Licensing Bill Poised to Become Law
By Eric D. Mulligan
In an unexpected turn of events, California Assembly Bill 2116 passed the state legislature on August 20, 2026. The bill now heads to the desk of Governor Gavin Newsom. article continued