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.

CFPB Provides Regulatory Relief from Non-Bank Registry Requirements

Federal District Court Vacates CFPB's Credit Card Late Fee Rule

CFPB Internal Memo Highlights Supervision and Enforcement Priorities

FHA Permanently Sunsets COVID-19 Loss Mitigation Options

FCC Delays Effective Date of New Standard Requiring Broad Application of TCPA Consent Revocation

CFPB Releases Report on Practice of "Piggybacking"

U.S. House Passes Resolutions to Repeal CFPB's Overdraft Lending Rule and Digital Payments Rule

Illinois Amends Consumer Installment Loan Act and Sales Finance Agency Act Regulations Concerning Net Worth Requirement, Refunds of Unearned Charges, and Property Damage Insurance

Kansas Establishes Regulatory Sandbox Program

HUD Removes Ability of Non-Permanent Residents to Obtain FHA-Insured Mortgages

Idaho Prohibits Financial Institutions from Using Social Credit Score in Provision of Financial Services

Utah Enacts Law to Regulate Use of Generative AI in Consumer Transactions

On July 1, Oklahoma Will Become First State to Require Electronic Titles

Kentucky Sets Forth Requirements for Licensee Use of Deferred Deposit Database

Hudson Cook Insights

Today's Trends in Credit Regulation

Massachusetts Junk Fee Regulation Presents Challenges to Advertising of Bank Deposit Products

By Thomas P. Quinn, Jr.

In early March, nearly a year and a half after it was initially proposed, the Massachusetts Attorney General's Office finalized the Commonwealth's "junk fee" regulation (the "Final Rule") while simultaneously issuing a business guidance document (the "Guidance Document") that provides interpretive gloss to the Final Rule. article continued

State AGs Step Up Privacy Enforcement

By Erik Kosa

With attention on Democratic Attorneys General vowing to fill the void left by weakened federal regulators, and perhaps a more partisan divide on enforcement generally, a bipartisan consensus is quietly emerging in the states when it comes to privacy enforcement.

On February 26, Attorney General Tim Griffin (R-AR) announced that Arkansas has sued General Motors and its subsidiary OnStar for selling consumer data to third parties without consent. article continued

Consumer Financial Services Bites of the Month - March 19, 2025 - Melancholy March with the CFPB

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 March 2025 webinar. article continued

The CFPB's Future is Unclear, but Its $42 Million Judgment Still Sends a Clear Message

By Tracy Wang

If we could use only one word to describe the future of the Consumer Financial Protection Bureau, I think most of us would agree on the word "uncertain." However, one thing seems certain to occur as we wait to see what will happen with the CFPB: a rise in state enforcement efforts. article continued