Mayer Brown | USA | 5 Jan 2023
Small business lenders hoping for federal intervention will be disappointed to learn that the Consumer Financial Protection Bureau (CFPB) has reached…
Sheppard Mullin Richter & Hampton LLP | USA | 5 Aug 2022
Recently, the United States Court of Appeals for the 4th Circuit held that a mortgage servicer’s failure to provide a required disclosure informing…
Maurice Wutscher LLP | USA | 9 Jun 2022
The Appellate Court of Illinois, Third District, recently reversed a trial court’s order dismissing a debtor’s federal Fair Credit Reporting Act…
Sheppard Mullin Richter & Hampton LLP | USA | 12 Oct 2021
Ahead of an upcoming merger between a digital banking platform and a special purpose acquisition company, both parties disclosed in a regulatory…
Buckley LLP | USA | 12 Oct 2021
On October 8, the CFPB issued its semi-annual report to Congress covering the Bureau’s work from October 1, 2020 to March 31, 2021. The report, which…
McGuireWoods LLP | USA | 13 Sep 2021
An Income Share Agreement (ISA) is a contract in which a lender gives a student money for education, and in return, the student promises to pay the…
Greenberg Traurig LLP | USA | 9 Nov 2020
From late 2007 through much of 2009, the United States endured the "Great Recession" as stocks plummeted, markets froze, and companies crumbled. The…
Thompson Hine LLP | USA | 20 Apr 2020
Traditionally, the protections afforded by consumer protection statutes, such as the Truth in Lending Act (TILA), Real Estate Settlement Procedures…
Hogan Lovells | European Union, United Kingdom, USA | 21 Feb 2020
Numerous regulatory developments were enacted Or proposed in the United States and the European Union in response to the financial crisis…
Maurice Wutscher LLP | USA | 18 Feb 2020
The U.S. Court of Appeals for the Ninth Circuit recently affirmed the dismissal of a consumer’s Truth in Lending Act (TILA) claim for lack of subject…