Thomas I. Elkind

Thomas I. Elkind

Foley & Lardner LLP

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CFPB Action Against Payday Lender to be Followed by New Military Lending Act Regulations

On November 20, 3013, the Consumer Financial Protection Bureau announced its first enforcement action against a payday lender. Cash America International was fined $5 million and was ordered to refund $14 million to its...more

12/9/2013 - CFPB Compliance Enforcement Actions FTC Loans Military Lending Act Payday Loans

National Mortgage Database Formed

The Consumer Financial Protection Bureau (“CFPB”) and the Federal Housing Finance Agency (FHFA”) have agreed to jointly produce a National Mortgage Database containing detailed mortgage loan information....more

12/17/2012 - CFPB FHFA Loans Mortgages National Mortgage Database

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