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Ninth Circuit issues ruling on limitations of preemption
- Foley & Lardner LLP
- -
- USA
- -
- August 5 2011
This week, the U.S. Court of Appeals for the Ninth Circuit ruled that the Rees-Levering Act (also known as the California Automobile Sales Finance Act), a California law regulating debt collection and repossession, is not preempted by the National Bank Act
Bureau reports to Congress on differences between creditor-purchased and consumer-purchased credit scores; further research and analysis to come
- Foley & Lardner LLP
- -
- USA
- -
- July 21 2011
The Bureau has issued a report to Congress which examines different credit scoring models and products, their availability and use, and how differing availability of types of credit scores may disadvantage consumers
New CFPB director’s first act: implement federal nondepository supervision program
- Foley & Lardner LLP
- -
- USA
- -
- January 10 2012
On Thursday, January 5, 2012, President Obama purported to make a recess appointment of Richard Cordray as the first director of the Consumer Financial Protection Bureau (CFPB
Bureau issues progress report
- Foley & Lardner LLP
- -
- USA
- -
- July 18 2011
On July 18, 2011, the Consumer Financial Protection Bureau issued a "progress report" entitled "Building the CFPB"
Court permits creditor to charge and collect convenience or expedited payment fees
- Foley & Lardner LLP
- -
- USA
- -
- March 1 2012
In recent years, many creditors instituted convenience or “expedited payment” fees, charging consumers for payments made by telephone andor online rather than by mail
