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2,231 results found

Article

Buckley LLP | USA | 2 Jul 2020

CFPB releases spring 2020 rulemaking agenda

On June 30, the CFPB released its spring 2020 rulemaking agenda. According to a Bureau announcement, the information details the regulatory matters…
Article

Lewis Rice LLC | USA | 30 Jun 2020

U.S. Supreme Court Decision Expands the President’s Ability to Remove the Director of the Consumer Financial Protection Bureau

The U.S. Supreme Court has ruled in Selia Law v. Consumer Financial Protection Bureau that the structure of the Consumer Financial Protection Bureau…
Article

Maurice Wutscher LLP | USA | 26 Jun 2020

FDIC Issues Final Rule to Fix Madden and Affirm the ‘Valid When Made’ Doctrine

The Federal Deposit Insurance Corporation (FDIC) recently issued its Final Rule clarifying the “Permissible Interest on Transferred Loans.” The…
Article

Venable LLP | USA | 25 Jun 2020

Debt Collection: COVID-19 Response, Furnishing, and Regulatory Scrutiny

From the onset of COVID-19, debt collectors swiftly worked to assist the millions of Americans experiencing financial hardships caused by the pandemic…
Article

Maurice Wutscher LLP | USA | 23 Jun 2020

7th Cir. Holds FDCPA Claims Failed Due to No Evidence of ‘Confusing or Misleading to Significant Fraction of Population’

The U.S. Court of Appeals for the Seventh Circuit recently affirmed entry of summary judgment in favor of a debt collector that its collection letter…
Article

Maurice Wutscher LLP | USA | 22 Jun 2020

Seven Things to Know About New York City’s New Debt Collection Rules

The New York City Department of Consumer and Worker Protection has adopted new rules requiring debt collectors to provide consumers with language…
Article

Morgan Lewis | USA | 22 Jun 2020

CFPB Launches Pilot Advisory Opinion Program, Solicits Comment

On June 18, 2020, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a procedural rule to launch a new pilot Advisory Opinion (AO)…
Article

Squire Patton Boggs | USA | 22 Jun 2020

The Consumer Financial Protection Bureau Taskforce: Will It Widen The Gap Between The Adversaries? Can It Survive a Standing Challenge?

Earlier this year, the Consumer Financial Protection Bureau (“CFPB”) established a Taskforce to assist with the improvement and oversight of existing…
Article

Troutman Pepper | USA | 19 Jun 2020

District Court Finds Text Messaging System Is Not an ATDS Under TCPA, Continuing Raging Circuit Split

On June 15, a court in the United States District Court for the Southern District of Indiana granted summary judgment in favor of a Telephone Consumer…
Article

Squire Patton Boggs | USA | 19 Jun 2020

Frank v. Autovest, LLC: In The Ninth Circuit, Technical FDCPA Violations Alone Aren’t Enough To Give A Plaintiff Standing

In Frank v. Autovest, LLC, 2020 U.S. App. LEXIS 18082 (9th Cir. June 9, 2020), the Ninth Circuit addressed a thorny standing issue under the Fair Debt…
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