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California Publishes Notice of Proposed Rulemaking Regulating Student Loan Servicing

USA - September 12 2022 On August 30, the California Department of Financial Protection and Innovation (CA DFPI) published a notice of rulemaking action, proposing…

James Kim, Chris Willis

Keeping Up With the Bureau Episode 1: Overview of CFPB and State AG Initiatives/Expansion

USA - September 1 2022 Please join Consumer Financial Services Partner Chris Willis and his guests and colleagues Ashley Taylor and Stefanie Jackman in the first Episode of…

Ashley L. Taylor, Jr., Chris Willis

Federal Agencies Instructed to Minimize Effect of Medical Debt in Loan Considerations

USA - August 30 2022 On August 25, the Office of Management and Budget (OMB) directed federal agencies involved in originating consumer and small business loans —…

Ethan G. Ostroff, Chris Willis, Alan D. Wingfield

Banking Groups Challenge CFPB’s RFI on Customer Service

USA - August 24 2022 Banking trade groups are challenging a Request for Information (RFI) issued by the Consumer Financial Protection Bureau (CFPB) regarding customer…

David N. Anthony, Andrew B. Buxbaum, Susan E. Flint, James Kim, Kalama M. Lui-Kwan, Glen P. Trudel, Chris Willis, Mary C. Zinsner

CFPB Prioritizing Enforcement Over Education

USA - August 5 2022 On August 4, Consumer Financial Protection Bureau (CFPB or Bureau) Director Rohit Chopra spoke at the Philadelphia Federal Reserve Bank’s Sixth…

Timothy "Tim" J. St. George, Alan D. Wingfield