CUNA-Led Litigation Results in Nationwide Stay of the CFPB's 1071 Rule
October 27, 2023
October 27, 2023
WASHINGTON, Oct. 27 -- The Credit Union National Association issued the following news release:
Credit unions are now protected by a nationwide injunction preventing implementation of the Consumer Financial Protection Bureau's Section 1071 rule, thanks to quick legal action by CUNA, Cornerstone League and Rally Credit Union of Corpus Cristi, Texas.
The U.S. District Court for the Southern District of Texas issued an order expanding its initial injunctive relief Thursda . . .
Credit unions are now protected by a nationwide injunction preventing implementation of the Consumer Financial Protection Bureau's Section 1071 rule, thanks to quick legal action by CUNA, Cornerstone League and Rally Credit Union of Corpus Cristi, Texas.
The U.S. District Court for the Southern District of Texas issued an order expanding its initial injunctive relief Thursda . . .