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Watch This Space - How will the CFPB maintain its focus on compliance and enforcement in 2023?

USA - January 19 2023 Will the Fifth Circuit’s ruling that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is unconstitutional impact the CFPB’s focus…

Kaitlin DeWulf

Mid-Year Check-In: CFPB Taking Aim at The Fair Credit Reporting Act

USA - July 27 2022 Earlier this year, we wrote that the Consumer Financial Protection Bureau (CFPB) was signaling a not-so-quiet transition to aggressive compliance…

Eric Martin

TransUnion v. Ramirez: The Supreme Court Further Narrows Article III Standing And Rejects “No Injury” Class Actions

USA - June 29 2021 On June 25, 2021, the Supreme Court revisited the issue of Article III standing for the first time since Spokeo, Inc. v. Robins, 136 S. Ct. 1540…

Christopher J. Schmidt, Douglas A. Thompson

U.S. COVID-19 : The CARES Act - CFPB Provides Additional Guidance For Credit Reporting During the COVID-19 Pandemic

USA - June 24 2020 It has been nearly three months since the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was signed into law. As we’ve written…

Christopher J. Schmidt

The CARES Act: Guidance For Servicing Federal and Private Student Loans in the U.S. During the COVID-19 Pandemic

USA - April 13 2020 The Coronavirus Aid, Relief, and Economic Security Act, Pub. L. No. 116-136 (the “CARES Act”) was signed into law on March 27, 2020. Although much…

Christopher J. Schmidt