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Maurice Wutscher LLP | USA | 17 Apr 2017

8th Cir. Upholds Exclusion of ‘Similar Borrower’ Testimony in 8-to-1 Punitive Damages Award Case

The U.S. Court of Appeals for the Eighth Circuit recently affirmed a punitive damages award in an approximately 8-to-1 ratio to compensatory damages


Davis Wright Tremaine LLP | USA | 22 Aug 2016

CFPB Proposes Changes to Mortgage Industry

The Consumer Financial Protection Bureau recently issued a proposed rule regarding integrated disclosure for mortgage transactions and, more recently


McGuireWoods LLP | USA | 9 Aug 2016

CFPB Proposes Multiple Changes to TRID “Know Before You Owe” Rule

The Consumer Financial Protection Bureau ("CFPB") recently issued 293 pages of proposed changes (the "Amendments") to the federal mortgage disclosure


Dykema Gossett PLLC | USA | 6 Jan 2012

CFPB publishes interim final rules

Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) transferred rulemaking authority for a number of consumer financial protection laws from seven federal agencies to the Consumer Financial Protection Bureau (the “Bureau” or “CFPB”) as of July 21, 2011.


Dykema Gossett PLLC | USA | 1 Sep 2011

Transferred Regulatory Authority

Section 1063(i) of the Dodd-Frank Act required the CFPB to publish in the Federal Register a list of the rules and regulations it would enforce after the Transfer Date.


Frost Brown Todd LLC | USA | 13 Sep 2010

Bureau of consumer financial protection

The Dodd-Frank Act responded to public criticism that the federal consumer credit protection laws were not vigorously enforced by the banking regulators, by creating a new independent watchdog for that purpose housed within the Federal Reserve.

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