October 2012-The CFPB has released a final rule defining larger participants for the debt collection market. The CFPB will have supervisory authority over any firm…
CFPB Director, Richard Cordray prepared testimony for the House Small Business Committee hearing entitled: “Know Before You Regulate: The Impact of CFPB Regulations on Small…
The proposal would cover debt collectors with more than $10 million in annual receipts and credit bureaus with more than $7 million in annual receipts.…