Michael Thurman

Michael Thurman

Loeb & Loeb LLP

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CFPB Sues For-Profit College Giant ITT, Alleging Strategy of Abusive Lending Practices

After signaling its intention to crack down on deceptive marketing and predatory lending practices by for-profit colleges, the Consumer Financial Protection Bureau has filed its first enforcement action in this arena. The...more

3/14/2014 - CFPB Dodd-Frank Fair Lending Paying For College Predatory Lending Regulation Z Student Loans Unfair or Deceptive Trade Practices

Your Complaints Just Went Public! The CFPB Expands Online Access to Consumer Complaint Data

Keeping its promise to make consumer complaints available for all the consumer financial products and services it oversees, the Consumer Financial Protection Bureau yesterday announced that it has added some 90,000 additional...more

4/1/2013 - CFPB Consumer Complaint System Credit Cards Mortgages Student Loans

CFPB Proposes Rule to Supervise Largest Nonbank Student Loan Servicers

The Consumer Financial Protection Bureau has announced its intention to oversee the nation's largest nonbank loan servicers, which service more than one million accounts each year, in the higher education loan market. While...more

3/27/2013 - CFPB Dodd-Frank Loan Servicing Student Loans

CFPB Seeks Information on Financial Products and Services Offered to College Students

The Consumer Financial Protection Bureau believes positive financial decision making should be learned at a young age. The Bureau recently issued a Request for Information Regarding Financial Products Marketed to Students...more

2/22/2013 - Advertising CFPB Colleges Financial Products Marketing Student Lending Examination Procedures Student Loans Students Universities

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