Newsletters

04.27.18

CRA Resolutions, Last RFI and Semiannual Report—With a Twist

In Consumer Financial Protection Bureau (CFPB) news, more resolutions have been filed under the Congressional Review Act (CRA) to overturn Bureau rules, and the last in a series of 12 Requests for Information (RFIs) was released.


04.27.18

DOJ Steers Toward Auto Lender in SCRA Action

Servicemembers Civil Relief Act (SCRA) actions against auto lenders remain popular with the Department of Justice (DOJ), with the agency filing a new complaint in California federal court.


03.09.18

Consent Revocation a Factual Inquiry Precluding Summary Judgment

A federal judge in the Middle District of Florida denied cross motions for summary judgment in Patterson v. Ally Financial, Inc., holding that whether the plaintiff effectively revoked consent to receive calls “is a fact-sensitive inquiry” precluding summary judgment in favor of either ...


12.28.17

CFPB’s Payday Loan, Auto Lending Rules in Jeopardy

More Consumer Financial Protection Bureau rules may be reversed as lawmakers moved to dismantle both the payday loan rule and the auto lending rule.


12.14.17

FTC Drives Auto Dealership to $1.4M Civil Penalty

Providing an important reminder about complying with the terms of a Federal Trade Commission order, a California-based auto dealership agreed to pay $1.4 million to settle charges that it violated a 2014 administrative order.


11.27.17

FTC Drives Auto Dealership to $1.4M Civil Penalty

Providing an important reminder about complying with the terms of a Federal Trade Commission order, a California-based auto dealership agreed to pay $1.4 million to settle charges it violated a 2014 administrative order.


10.26.17

Regulators Take the Wheel in Auto Financing Actions

From the Department of Justice (DOJ) to the Massachusetts attorney general, auto financing has been the subject of several recent actions.


06.22.17

Supreme Court: FDCPA Doesn’t Cover Owned Debt

A bank or other person may collect debts that it purchased for its own account without triggering the statutory requirements of the Fair Debt Collection Practices Act, a unanimous Supreme Court recently ruled.