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Hudson Cook LLP | USA | 31 May 2018

CFPB Files Amicus Brief in Support of Debtor in FDCPA Case

On April 25, 2018, the Consumer Financial Protection Bureau filed its first amicus brief under Acting Director Mulvaney in the case of Lavallee v


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


Kilpatrick Townsend & Stockton LLP | USA | 9 Mar 2018

CFPB Finalizes Further Changes to Mortgage Servicing Rules

On March 8, 2018, the Consumer Financial Protection Bureau (CFPB or Bureau) finalized certain changes to its mortgage servicing rules. The Bureau


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


Mayer Brown | USA | 6 Oct 2017

CFPB’s Final Payday Lending Rule: The Long and Short of It

Yesterday (October 5th), the CFPB finalized its long-awaited payday lending rule, which it said was five years in the making. As expected, the final


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


Manatt Phelps & Phillips LLP | USA | 17 Feb 2017

CFPB Claims National Bank Impeded Loss Mitigation for Distressed Mortgage Borrowers

In separate consent orders, one bank will pay $28.8 million to resolve claims by the Consumer Financial Protection Bureau (CFPB) that it gave its


Buckley LLP | USA | 19 Aug 2016

CFPB Publishes Report on Student Loan Complaints, Issues Income-Driven Repayment “Fix It” Form

On August 18, the CFPB published a report to provide a midyear update on student loan complaints, focusing on “problems for borrowers who submit an


Smith Debnam Narron Drake Saintsing & Myers LLP | USA | 18 Aug 2016

CFPB Issues Interpretive Rule to Reconcile Mortgage Servicing Rules with FDCPA

In an attempt to reconcile the Mortgage Servicing Rules with the FDCPA, the CFPB has issued an interpretive rule to clarify the interactions between


Reed Smith LLP | USA | 16 Aug 2016

CFPB Finally Adopts Amendments To Its Mortgage Servicing Rules

On August 4, the Bureau of Consumer Financial Protection ("CFPB") finally adopted amendments (the "Amendments") to its 2013 mortgage servicing rules

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