by Eric J. Ellman | Jun 14, 2023
On June 14, 2023, two members of the House Financial Services Committee wrote to the CFPB criticizing and seeking more information on how the Bureau handles its FOIA process. The letter was signed by U.S. Reps. Bill Huizenga (R-MI) and Andy Barr (R-KY). Rep. Huizenga...
by Eric J. Ellman | Nov 23, 2022
On November 14, 2022, Domestic Policy Advisor Susan Rice, National Economic Council Director Brian Deese, and American Rescue Plan Coordinator Gene Sperling convened a meeting with officials from across the Biden-Harris Administration and more than 70 tenant leaders...
by Eric J. Ellman | Oct 21, 2022
In September 2021, the FTC’s Office of the Inspector General issued a report that noted several concerns with the FTC’s identity theft report and how it can be a tool to perpetuate fraud. Among the findings are the following: “[T]he FTC faces challenges in...
by Eric J. Ellman | Oct 21, 2022
In October 2022, the CFPB issued a press release announcing guidance to consumer reporting companies about their obligation to screen for and eliminate obviously false “junk data” from consumers’ credit reports. Companies need to take steps to reliably detect and...
by Eric J. Ellman | Jul 7, 2022
In July 2022, the CFPB issued a press release announcing an advisory opinion on permissible purposes. The A.O. provides a legal interpretation to ensure that companies that use and share credit reports and background reports have a permissible purpose under the Fair...