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Dykema Gossett PLLC | USA | 8 Nov 2018

Impact of the 2018 Midterm Elections

With the new Democratic House majority and Republicans maintaining control of the Senate, Washington, D.C., now enters a period of divided government


Buckley LLP | USA | 28 Aug 2018

CFPB publishes quarterly consumer credit trends on telecommunications-debt collection reporting

On August 22, the CFPB released the latest quarterly consumer credit trends report, which focuses on the reporting of telecommunications-debt


Bradley Arant Boult Cummings LLP | USA | 29 Mar 2018

CFPB Issues Implementation Guidance for Mortgage Servicing Rule Amendments

On March 29, 2018, the Consumer Financial Protection Bureau (CFPB) released two important implementation tools that may help mortgage servicers ensure


Winston & Strawn LLP | USA | 16 Oct 2017

Financial Services Update - Volume 12, No. 39

Efforts to repeal the Department of Labor’s (“DOL’s”) fiduciary rule are already well underway. On October 12th, the House Financial Services


Covington & Burling LLP | USA | 8 Oct 2017

CFPB Finalizes Payday Lending Rule

On October 5, 2017, the CFPB finalized its long-awaited rule on payday, vehicle title, and certain high-cost installment loans, commonly referred to


Davis Wright Tremaine LLP | USA | 27 Jun 2017

Supreme Court Narrows FDCPA’s Definition of Debt Collector

Debt buyers generally are considered “debt collectors” under the Fair Debt Collection Practices Act (“FDCPA”). However, on June 12, 2017, the Supreme


Venable LLP | USA | 16 Jun 2017

What to Expect in a Narrowed CFPB Debt Collection Rulemaking

The scope of a Consumer Financial Protection Bureau (CFPB) proposed rule on debt collection will be narrower than initially planned and focus on


Buckley LLP | USA | 7 Jun 2017

Department of Education Student Debt Collection Contracting Injunction Extended

On May 31, U.S. Court of Federal Claims Chief Judge Susan G. Braden extended her preliminary injunction in a legal dispute involving the awarding of


Buckley LLP | USA | 19 May 2017

Company Accused of Bilking 911 First Responders Out of Millions of Dollars Says CFPB Action Unlawful

On May 15, a New Jersey-based finance company and its affiliated parties filed a motion to dismiss allegations that it scammed first responders to the


Foley & Lardner LLP | USA | 10 May 2017

CFPB Settlements: It’s Not Over Until It’s Over

On April 26, 2017, the Consumer Financial Protection Bureau (“CFPB”) broke new ground by imposing a fine - in excess of a million dollars - against a

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