Last month, it was my great honor to see our manuscript published, “Consumer Finance Law: Understanding Consumer Financial Services Regulations.” Mad props to the 18 authors of 46 chapters, and to my co-editor, the inimitable Nate Viebrock.
Although several federal consumer finance laws have been around for over four decades, there has not been a published resource containing high-level explanations of each pertinent law, until this book. This is a practical resource guide for any stakeholder who desires an introductory treatment of consumer finance laws, addressing both technical requirements and policy rationales.
The reality is that in this day and age, now over ten years after passage of the Dodd-Frank Act, this book is timely. It flags for practitioners the environment in which businesses now operate, and the potential of consumer finance issues giving rise to parallel multi-state/multi-agency investigations, even as to one product line or single issue.
Consumer finance regulations are, let’s be real, susceptible to distortion in the public eye, due to partisan influence. This book is politically neutral on policy issues, and trustworthy.
Chapters in the book cover: the regulators (Consumer Financial Protection Bureau, prudential bank regulators, Federal Trade Commission, state and banking agencies); Unfair, Deceptive, and Abusive Acts or Practices; Truth in Lending Act; consumer privacy; information security; Fair Credit Reporting Act; fair lending; consumer deposit accounts and electronic fund transfers; prepaid accounts; remittances; debt collection practices; consumer bankruptcy; Servicemembers Civil Relief Act; Military Lending Act; and Real Estate Settlement Procedures Act.
See more information and purchase a copy here.