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.
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Last Week, This Morning®
Key developments from the past week in consumer and commercial finance and privacy law.
Bipartisan Federal Homebuyers Privacy Protection Act Addresses Trigger Leads
Justice Department Obtains Monetary Judgment Against Entities Providing Mortgage Loan Modification Assistance
Individuals Involved in Student Loan Debt Relief Operation Banned from Debt Relief Industry
FTC Orders Seven Companies that Operate AI Chatbots Acting as Companions to Submit Information on Potentially Negative Impacts on Children
OCC Issues Bulletins to Implement EO Regarding Politicized or Unlawful Debanking
FTC Sets Its Sights on COPPA Compliance
Debt Collector's FCRA-Required Communication in Response to Consumer's Debt Dispute Was Not Valid Basis for Claim Under FDCPA's Cease Communication Provision
Texas Clarifies Attorneys Who Qualify for Exemption from Money Transmission Licensing Requirement
Hawaii Supreme Court Clarifies 20-Year Statute of Limitations for Mortgage Foreclosure Actions
NCUA and FDIC Remove Disparate Impact from Fair Lending Examination Materials
CFPB Proposes Definition of "Risks to Consumers" Applicable to Supervisory Designation Proceedings
CFPB Resolves Claims Against Fintech Company for Failing to Properly Maintain Records of Customer Funds Held at Partner Banks
FTC Updates Fees Charged to Telemarketers Accessing Do Not Call Registry
Pennsylvania AG Settles Claims Against Vehicle Dealership Group
Hudson Cook Insights
Today's Trends in Credit Regulation
Massachusetts Data Breach Settlement: A Wake-Up Call for Rental Housing Operators
By Jay Harris
On August 19, 2025, the Massachusetts Attorney General announced a $795,000 settlement with Peabody Properties, Inc., a Braintree, Massachusetts-based property management company, over serious failures in its handling of cybersecurity breaches and breach notifications. article continued
2025 State Enforcement Recap
By Anastasia V. Caton
Until the Dodd-Frank Act, the states were at the forefront of consumer credit regulation and enforcement. The arrival of the federal Consumer Financial Protection Bureau gave the states, which typically operated within tight budget constraints, some breathing room, allowing them to focus resources elsewhere. article continued
Contractor Licensing Issue Voids Construction Loan in Georgia
By Clayton C. Swears
A recent case out of Georgia involved a contractor's licensing failure voiding the construction loan that was financing the project. However, there was a twist....well, several twists—a contractor who was also a lender, an end-of-the-world bunker, and a property that couldn't be developed. article continued
Important Compliance Notes on CCPA
By Megan C. Nicholls
On July 1, 2025, California Attorney General Rob Bonta announced a breathtaking $1.55 million settlement with the operator of a health and wellness information website. The operator is alleged to have failed to comply with certain requirements under the California Consumer Privacy Act ("CCPA"). article continued