Patrick Downes

Patrick Downes

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

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

FTC's Year-End Report to Congress on Debit Card Transaction Rules Outlines Agency's Enforcement and Education Initiatives

As 2012 came to a close, the Federal Trade Commission updated Congress on its enforcement and other efforts in connection with the new rules regulating debit card transactions implemented last year by the Federal Reserve...more

1/29/2013 - Debit and Credit Card Transactions Debit Cards Dodd-Frank FTC

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