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Servicemembers’ Civil Relief Act Military Lending Act

Troutman Pepper

Military Lending Act and Servicemembers Civil Relief Act Overview - The Consumer Finance Podcast

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Please join Consumer Financial Services Partner Chris Willis and his guest and fellow Partner Tony Kaye for this latest podcast episode as they discuss the Military Lending Act and the Servicemembers Civil Relief Act,...more

Troutman Pepper

Department of Justice Enters Into Consent Orders for Violations of the Servicemembers Civil Relief Act

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In late September, the Department of Justice (DOJ) entered into two consent orders to resolve allegations related to violations of the Servicemembers Civil Relief Act (SCRA). The past year has seen an uptick in regulatory...more

Ballard Spahr LLP

Banking industry trade groups oppose expansion of Military Loan Act coverage

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Six banking industry trade groups, including the American Bankers Association, the Consumer Bankers Association and the Financial Services Roundtable, have sent a comment letter responding to a Department of Defense (DOD)...more

Ballard Spahr LLP

Congress passes bill giving CFPB authority to enforce Military Lending Act and creating civil liability for violations

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The 2013 Defense Authorization Bill (H.R. 4310), currently awaiting signature by President Obama, makes several changes to the Military Lending Act. Last week, both the House and Senate agreed to the conference report....more

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