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.
Category: 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.
What exactly is an autodialer? This year, several appellate courts have tried to answer the question, but the most recent decision by the Ninth Circuit has left TCPA litigators and the telemarketing industry more confused than ever before.
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.
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.”