On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (the “Reform Act”).
The bulk of reform in the Reform Act consists of the elimination of many technical and...more
In Texas Department of Housing & Community Affairs v. Inclusive Communities Project, Inc., 576 U.S. ___, 2015 WL 2473449 (Jun. 25, 2015), the U.S. Supreme Court, in a 5-4 decision, held that disparate impact discrimination...more
7/1/2015
/ ADEA ,
Affordable Housing ,
Discrimination ,
Disparate Impact ,
ECOA ,
Fair Housing Act (FHA) ,
HUD ,
Race Discrimination ,
SCOTUS ,
Texas Dept of Housing v Inclusive Communities ,
Title VII
The enactment of the Dodd-Frank Act in 2010 created the Consumer Financial Protection Bureau (“CFPB”) and, among other things, vested it with broad authority to enforce prohibitions on unfair, deceptive and abusive acts and...more
6/11/2015
/ Consent Order ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Corporate Counsel ,
Debt Collection ,
Debt-Relief Industry ,
Dodd-Frank ,
Enforcement Actions ,
Enforcement Authority ,
Federal Trade Commission (FTC) ,
For Profit Colleges ,
Payday Loans ,
PayPal ,
Student Loans ,
UDAAP
On January 13, 2015, the U.S. Supreme Court settled a circuit court split regarding how and when a mortgage borrower may exercise the right of rescission under the Truth-in-Lending-Act (“TILA”) and the CFPB’s implementing...more