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CFPB’s Successor in Interest Rules Take Effect April 19, 2018: What You Need to Know

USA - April 13 2018 On April 19, 2018, the CFPB’s Successor in Interest Rules take effect. Here’s what you need to know: What do the Successor in Interest Rules require…

Collection agencies: transaction and convenience fees are at your own peril

USA - May 12 2015 The issue of whether transaction or convenience fees violate the Fair Debt Collection Practices Act (the "FDCPA") is subject to debate; however, the…

Lessons to be Learned from Wyndham Hotels Data Breach

USA - February 2 2016 The FTC recently entered into a Consent Order last week with Wyndham Hotels and Resorts resolving the FTC’s allegations that Wyndham did not do…

Lessons to be learned from the Bank of America consent orders

USA - June 4 2015 Last week, the OCC and Bank of America entered into two consent orders arising from the bank’s practices concerning the Servicemembers Civil Relief…

CFPB Amends its Vendor Management Guidance

USA - November 2 2016 The CFPB has amended its guidance on vendor management. According to the CFPB, the amendment was necessary to “clarify that the depth and formality of…