News & Analysis as of

Ombudsman Dodd-Frank Wall Street Reform and Consumer Protection Act

Manatt, Phelps & Phillips, LLP

CFPB Socks Debt Relief Company, Issues Ombudsman Report and Discusses Dodd-Frank

The Consumer Financial Protection Bureau (CFPB) is moving forward with new enforcement initiatives even as it concedes its structure is unconstitutional. We discuss the latest developments. ...more

Nutter McClennen & Fish LLP

Nutter Bank Report: September 2019

Headlines - FDIC Adopts Final Rule Establishing Community Bank Leverage Ratio Framework OCC Issues Compliance Guidance on Registered Appraisal Management Companies CFPB Announces New Policies to Promote Innovation...more

Ballard Spahr LLP

CFPB names private education loan ombudsman

Ballard Spahr LLP on

The CFPB has announced the appointment of Robert G. Cameron to serve as the Bureau’s private education loan ombudsman.  Mr. Cameron joins the Bureau from the Pennsylvania Higher Education Assistance Agency where he was a...more

Ballard Spahr LLP

CFPB critics seek issuance of 2018 Student Loan Ombudsman annual report

Ballard Spahr LLP on

The CFPB is facing criticism for not yet having issued the 2018 annual report of its Student Loan Ombudsman.  The 2017 annual report was issued in October 2017 and, like previous reports, included student loan complaint data...more

Ballard Spahr LLP

CFPB student loan ombudsman issues second annual report

Ballard Spahr LLP on

Yesterday, Rohit Chopra, the CFPB’s Student Loan Ombudsman, released his Second Annual Report which analyzes approximately 3,800 complaints received by the CFPB from private student loan borrowers between October 1, 2012 and...more

Ballard Spahr LLP

OCC Updates Procedures for Internal Appeals of Supervisory Decisions

Ballard Spahr LLP on

The Office of the Comptroller of the Currency (OCC) recently updated its guidance on procedures for internal appeals of supervisory decisions at various levels. The subject matter deals solely with internal appeal procedures...more

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