Tue 16 Jul, 2019 / by Michael M. Aphibal and Arshawn Teymoorian / Client Alerts
On June 25, the CFPB held a symposium to discuss whether the definition of abusive, as that term is used in the Dodd-Frank Act, should be clarified by a rule or other guidance.
Fri 30 Nov, 2018 / by Michael Aphibal and Arshawn Teymoorian / Client Alerts
11/30/18—The BCFP alleged that a consumer financial services company engaged in deceptive practices related to the marketing of an add-on GAP product and a loan extension program for auto loan borrowers.
Fri 06 Apr, 2018 / by Michael Aphibal / Client Alerts
04/06/18—The CFPB, currently headed by Mick Mulvaney as Acting Director, released its Semi-Annual Report to Congress containing suggestions on ways to increase oversight over the CFPB.
Fri 19 Jan, 2018 / by McIntyre & Lemon / Client Alerts
01/19/18 – Acting Director Mick Mulvaney announced that the CFPB will undergo a review of the agency to identify “ways to improve outcomes for both consumers and covered entities.”
Thu 16 Nov, 2017 / by McIntyre & Lemon / Client Alerts
11/16/17 – The Washington Post reported yesterday that Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), will step down as head of the CFPB by the end of this month.
