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26 results found

Article

Manatt Phelps & Phillips LLP | USA | 20 Jul 2017

Payday Lenders’ Operation Choke Point Challenge Survives Dismissal

Payday lenders can move forward with their suit against federal regulators challenging the controversial Operation Choke Point, a Washington, D.C

Article

Manatt Phelps & Phillips LLP | USA | 13 May 2016

CFPB Takes Action Against Individuals Operating Lead Aggregator

In new lawsuits seeking to hold the individuals behind a company that allegedly violated the Consumer Financial Protection Act of 2010 liable, the

Article

Manatt Phelps & Phillips LLP | USA | 13 May 2016

CFPB Drags Banks Into Battle Over Payday Lending

Bringing banks into the battle over payday lending, the Consumer Financial Protection Bureau (CFPB) released a report finding that online payday loans

Article

Manatt Phelps & Phillips LLP | USA | 15 Oct 2015

CFPB brings another auto lender action, this time for $48m

Continuing its focus on the auto lending industry, the Consumer Financial Protection Bureau (CFPB) ordered Westlake Services LLC and subsidiary

Article

Manatt Phelps & Phillips LLP | USA | 15 Oct 2015

Regulators demand “good faith efforts” for TRID implementation

Federal regulators said they don’t expect perfection from banks trying to comply with the new mortgage disclosure requirements but will not turn a

Article

Manatt Phelps & Phillips LLP | USA | 30 Jul 2015

CFPB releases principles for payment systems

In an effort to provide guidance to payment systems looking to reduce "pocket-to-pocket" payment times, the Consumer Financial Protection Bureau

Article

Manatt Phelps & Phillips LLP | USA | 16 Jul 2015

Credit card add-on products cost affinion and intersections $10m in deal with CFPB

In what the Consumer Financial Protection Bureau (CFPB) said was the first action brought directly against the companies that market or administer

Article

Manatt Phelps & Phillips LLP | USA | 16 Jul 2015

Regulators keep their feet on the gas in actions against auto lenders; NY AG latest to bring suit

The automotive industry is continuing to face heavy scrutiny from regulators. On the heels of a Federal Trade Commission operation and new oversight

Article

Manatt Phelps & Phillips LLP | USA | 12 Mar 2015

CFPB leaders discuss Bureau’s approach to enforcement

In recent weeks, both Consumer Financial Protection Bureau (CFPB) Director Richard Cordray and Deputy Director Steven Antonakes have provided insight

Article

Manatt Phelps & Phillips LLP | USA | 29 Jan 2015

Pass or fail? CFPB seeks to grade financial institutions working with schools

Under a new proposal from the Consumer Financial Protection Bureau (CFPB), financial companies would be graded on a “scorecard” for their offerings

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