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.
Acting Comptroller of the Currency Concludes OCC's Preemption Regulations Are Lawful
Nevada Enacts Uniform Mortgage Modification Act
Installment Lenders May Contract with Nevada DMV to Provide Loans to Vehicle Owners to Pay Vehicle Registration
Connecticut Reduces Statute of Limitations for Foreclosing "Zombie" Mortgages
Wisconsin Licensed Lenders May Permit Remote Work By Employees Under Certain Conditions
FHA Mortgagee Letter Streamlines Process of Engaging with Borrowers in Default and Clarifies Loss Mitigation Requirement
Operator of Mobile App Providing Cash Advances Could Not Enforce Borrower's Arbitration Agreement with Loan Provider
Hawaii Amends Provisions Governing Installment Loans
Hawaii Prohibits Mortgagees From Bundling Mortgage Properties at Public Foreclosure Sales
Nebraska Enacts Legislation Overhauling Money Transmitters Act and Combining Installment Loan Act and Installment Sales Act
Maryland OFR Issues Update Regarding Annual Assessment of Licensees
Nevada Legislature Eliminates In-State Office Requirement for Internet Consumer Lenders
Maryland Enacts Earned Wage Access Legislation
Texas Senate and House Pass Bill that Will Dramatically Impact Sales-Based Financing Transactions; Bill Heads to Governor's Desk
Providers of Debt Relief Services Permanently Banned from Debt Relief Industry
Hudson Cook Insights
Today's Trends in Credit Regulation
North Dakota Law Regulates "Alternative Financing" as a "Loan"
By Robert F. Gage
The state legislature in North Dakota recently passed House Bill 1127. This bill made a simple amendment to a 1970s-era law called the Money Brokers Act ("MBA"). article continued
Driver Data Privacy—the Road Ahead
By Megan C. Nicholls
The attorneys general in Arkansas and Indiana are the most recent AGs to file lawsuits under their respective state laws protecting the privacy of driver data. We previously reported that the state of Texas filed a similar lawsuit. The Arkansas AG filed his lawsuit on February 26, 2025, under the Arkansas Deceptive Trade Practices Act. This action was followed by the Indiana AG's lawsuit on March 19, 2025, under the Indiana Deceptive Consumer Sales Act. article continued
Oklahoma Requires Electronic Certificates of Title Beginning July 1
By Eric L. Johnson
On March 31, Service Oklahoma issued a bulletin notifying motor vehicle dealers of updates to the state's electronic lien and title (ELT) system. Service Oklahoma is a division of the Oklahoma Office of Management and Enterprise Services and was created by the Oklahoma legislature in 2022 to provide driver and motor vehicle services on behalf of the state. article continued