On August 31, both houses of the California legislature passed and sent to Governor Newsom for signature the California Consumer Financial Protection Law (the CCFPL). Effective on January 1, 2021 if Governor Newsom signs the...more
9/16/2020
/ Consumer Financial Protection Bureau (CFPB) ,
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UDAAP
The Consumer Financial Protection Bureau’s most recent supervisory highlights publication featured issues relating to the Fair Credit Reporting Act, loan originator compensation and in-person debt collection that should be on...more
8/27/2016
/ Civil Monetary Penalty ,
Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Corrections ,
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Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
FDCPA ,
Loan Originator Compensation Rule ,
Mortgage Lenders ,
Policies and Procedures ,
Remediation ,
Reputational Injury ,
Unfair or Deceptive Trade Practices