On June 30, 2016, the Consumer Financial Protection Bureau (“CFPB”) released the twelfth edition of its Supervisory Highlights report (“Report”), which focused on supervision work completed between January and April 2016. The...more
7/26/2016
/ Automotive Loans ,
Citibank ,
Civil Monetary Penalty ,
Consumer Financial Protection Bureau (CFPB) ,
Corrective Actions ,
Debt Collection ,
Dodd-Frank ,
Electronic Fund Transfer Act ,
Enforcement Actions ,
Fair Lending ,
False Statements ,
FDCPA ,
HMDA ,
Mortgage Loan Originators ,
Payday Loans ,
Regulation C ,
Regulation E ,
Regulation Z ,
RESPA ,
Restitution ,
UDAAP
Corporate defendants are entitled to the protections afforded by statutes of limitations, which bar claims for conduct long-past and are “vital to the welfare of society.” See, e.g., Gabelli v. S.E.C., 133 S. Ct. 1216, 1221...more