by Eric J. Ellman | Jan 19, 2025
In 2022, the FTC issued a proposal to commence a rulemaking proceeding to address certain deceptive or unfair acts or practices relating to fees. The commission received over 11,000 comments. Following that process, the FTC, in January 2025, issued a Trade Regulation...
by Eric J. Ellman | Jul 9, 2024
In July 2024, the Community Home Lenders of America (CHLA) submitted a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. This was reported in a HousingWire story. According to the story, The letter cites three specific practices that it...
by Eric J. Ellman | Oct 11, 2023
In October 2023, the FTC announced a proposed rule banning junk fees. The press release notes that the proposed Trade Regulation Rule (16 CFR Part 464 Unfair or Deceptive Fees) attempts to address Hidden Fees. Consumers told the FTC that dishonest businesses routinely...
by Eric J. Ellman | Jul 20, 2023
In March 2023, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge wrote an open letter about “junk fees” in housing. She noted that In a rental market where prospective renters often apply to several units,...
by Eric J. Ellman | Jul 20, 2023
From July 2023… White House, Executive Branch Agencies, Privacy Companies White House Today, the White House announced “a new front in his crackdown on junk fees: rental housing.” This announcement follows an earlier announcement on transparency in event ticket...
