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Tag Archives: Notice of Proposed Rulemaking

New CFPB Rule Cracks Down on Junk Fees

“Banks should be competing to provide better products at lower costs, not innovating to impose extra fees for no value. The CFPB will continue to rid the market of junk fees today and prevent new junk fees from emerging in the future,” said CFPB Director Rohit Chopra.

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HUD to Provide Aid to At-Risk Renters

A new proposed rule would provide residents of public housing or in properties receiving project-based rental assistance 30 days' notice to cure lease violations for nonpayment of rent.

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