Peter S. Frechette

Venable LLP

Articles

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CFPB Fair Lending Activities and Report to Congress

USA - May 25 2021 As the CFPB continues to ramp up its fair lending investigations and enforcement highlighted by Acting Director David Uejio, a recent GAO report has…

R. Andrew Arculin, Allyson B. Baker, Erin Zacuto Cass, Jonathan K. Hettleman.

Education Department Brings in Richard Cordray

USA - May 7 2021 The Department of Education (ED) has brought on former CFPB Director Richard Cordray as the Chief Operating Officer of the Office of Federal Student…

Allyson B. Baker, Meredith L. Boylan, Sarah B. Donovan.

The Impact of AMG Capital Management on Consumer Financial Services Enforcement

USA - April 30 2021 In a unanimous opinion on April 22, 2021, the United States Supreme Court held in AMG Capital Management, LLC v. Federal Trade Commission that…

R. Andrew Arculin, Allyson B. Baker, Meredith L. Boylan, Erin Zacuto Cass, Allen H. Denson, Leonard L. Gordon, Jonathan K. Hettleman, Jonathan L. Pompan.

The SBA’s New Restaurant Revitalization Fund Guidance: A Tantalizing Appetizer

USA - April 30 2021 Restaurants and other dining establishments may soon feast on grant funds designed for that industry, according to the Small Business Administration…

Allyson B. Baker, Andrew E. Bigart, Meredith L. Boylan, Brandon Wong.

Illinois Joins States Capping Consumer Loan Interest Rates at 36%

USA - April 22 2021 Through the recent Predatory Loan Prevention Act (PLPA), which imposes a 36% APR cap on interest rates for consumer loans under $40,000, Illinois…

R. Andrew Arculin, Allyson B. Baker, Daniel D. Lynch.