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Illinois-Based Lender, HUD Resolve Fair Housing Act Matter

USA - March 16 2017 On March 10, HUD released a Conciliation Agreement with an Illinois-based lender alleged to have discriminated against African-American and Hispanic

Trump Administration Files Brief in PHH Corp. v. CFPB

USA - March 17 2017 On March 17, the Trump Administration's Department of Justice ("DOJ") filed its amicus brief in the D.C. Circuit's en banc review of the CFPB's

FTC Reaches Settlement of More Than $3.6 Million with California-Based Auto Dealership Groups

USA - March 17 2017 On March 14, the FTC announced that it reached a settlement with a Los-Angeles-based auto dealership group over charges that the group engaged in

FCC, FTC Issue Joint Statement on Broadband Data Security Regulation; Senate Resolution Introduced to Repeal FCC Privacy Rules

USA - March 10 2017 On March 1, FCC Chairman Ajit Pai and acting FTC Chairman Maureen K. Ohlhausen issued a Joint Statement announcing an FCC Order (Stay Order) staying

CFPB Reaches Settlement with Arizona-based Title Lender

USA - March 17 2017 On March 13, the CFPB issued a consent order and stipulation in an enforcement action against the fifth of five Arizona-based title lenders under

Federal District Court Allows Discovery in Class Action Concerning Internet Company’s Collection of Biometric Data

USA - March 24 2017 In a Memorandum Opinion and Order handed down on February 27,a District Court in the Northern District of Illinois declined to dismiss a putative

Rep. Emmer (R-Minn) Reintroduces Financial Stability Oversight Council Reform Act

USA - March 24 2017 Representative Tom Emmer (R-Minn) has reintroduced the Financial Stability Oversight Council Reform Act (H.R. 1459), which is intended to increase

Department of Education Withdraws Student Loan Guidance; Bipartisan Legislation Introduced to Require APR Disclosure on Federal Student Loans

USA - March 24 2017 On March 16, the U.S. Department of Education (Department) Acting Assistant Secretary Lynn B. Mahaffie notified relevant agencies that the Department

CFPB Releases "Remittance Rule" Assessment; Seeks Public Comment

USA - March 24 2017 On March 20, the CFPB issued a request for comment on its plan for assessing the effectiveness of its May 2013 final rule governing consumer

Members of the House Financial Services Committee Weigh-In on Rollout of the DOL Fiduciary Rule

USA - March 24 2017 On March 17, GOP members of the House Financial Services Committee sent a letter to Acting Labor Secretary Ed Hugler expressing their support for the