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CFPB Finalizes Rule to Remove Medical Bills from Credit Reports

CFPB Finalizes Rule to Remove Medical Bills from Credit Reports

by Phil Hall | Jan 7, 2025 | Current News & Events, Industry Updates, Market Snapshot, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) finalized a rule that will remove medical bills from the credit reports. The CFPB’s new rule amends Regulation V, which implements the Fair Credit Reporting Act (FCRA), to stop from including medical bills on credit...
CFPB and FTC Take Action Against TransUnion Over Rental Background Checks

CFPB and FTC Take Action Against TransUnion Over Rental Background Checks

by Phil Hall | Oct 12, 2023 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) and U.S. Federal Trade Commission (FTC) announced a joint action against a rental screening subsidiary of TransUnion (NYSE:TRU), charging the company with violations of the Fair Credit Reporting Act. In a press...

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