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Article

Nexsen Pruet | USA | 3 Oct 2018

The CFPB’s Enforcement Case against Ocwen Financial Corporation - 18 Month Checkup

In the spring of last year, the Consumer Financial Protection Bureau (“CFPB”) filed an enforcement action against Ocwen Financial Corporation

Article

Nexsen Pruet | USA | 21 Sep 2017

Update on The CFPB’s Enforcement Case against Ocwen Financial Corporation

Member Brooks Bossong authors periodic updates and insights for Nexsen Pruet's Consumer Financial Protection Bureau Blog. Read an excerpt (below) from

Article

Nexsen Pruet | USA | 30 Mar 2017

The CFPB Enforcement Action Against Navy Federal Credit Union and the Broad Sweep of UDAAPS

This past October, the Consumer Financial Protection Bureau (“CFPB”) took action against Navy Federal Credit Union, the largest credit union in the

Article

Nexsen Pruet | USA | 19 Sep 2016

Redlining Action Against BancorpSouth: The Department of Justice and the Consumer Financial Protection Bureau Join Forces

Late last year, the Department of Justice (“DOJ”) and the Consumer Financial Protection Bureau (“CFPB”) brought a joint action against Hudson City

Article

Nexsen Pruet | USA | 19 May 2016

Cutting Through the Constitutionality Haze in the Battle Between PHH Corporation and the Consumer Financial Protection Bureau

So much has been written in recent weeks about the battle between PHH Corporation and the Consumer Financial Protection Bureau in the U.S. Court of

Article

Nexsen Pruet | USA | 29 Jan 2016

Consumer Financial Protection Bureau

This past October 15th, the Consumer Financial Protection Bureau announced the purported finalization of its "new rule" for "updating the reporting

Article

Nexsen Pruet | USA | 12 Nov 2015

Redlining and the joint action by the Consumer Financial Protection Bureau and the Department of Justice against Hudson City savings bank

In this post, we're going to examine the subject of redlining in the context of residential mortgage loans. We're then going to turn our attention to

Article

Nexsen Pruet | USA | 25 Aug 2015

The Consumer Financial Protection Bureau's case against Citibank for violations relating to credit card add-on products

Today we're taking a look at the CFPB's recent enforcement case against Citibank, N.A. ("Citibank") and two of Citibank's subsidiaries, Department

Article

Nexsen Pruet | USA | 23 Jul 2015

The Consumer Financial Protection Bureau's new "know before you owe" mortgage disclosure rule

The Consumer Financial Protection Bureau ("CFPB") recently issued or perhaps had to issue a proposed amendment to the "Know Before You Owe mortgage

Article

Nexsen Pruet | USA | 12 Mar 2015

The Consumer Financial Protection Bureau's case against corinthian colleges

My most recent blog entries have been focused on the CFPB's new mortgage servicing rules and the Flagstar Bank enforcement case. I'm going to switch

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