The Implications of the CFPB’s Proposed Rule on Data Brokers for Third Party Originators

The CFPB’s proposed rule to regulate data brokers as consumer reporting agencies under the FCRA could reshape how third-party originators access and use consumer data. With stricter compliance requirements, reduced data access and increased liability risks, TPOs face both significant challenges and opportunities to differentiate through enhanced transparency and data integrity. read more

DEC 4, 2024 - 5:52 am