News & Analysis as of

UDAP Consumer Financial Protection Act (CFPA)

Venable LLP

CFPB to Launch Registry of Nonbank Enforcement Actions

Venable LLP on

In a move that's sure to make nonbank financial institutions even more uncomfortable, the Consumer Financial Protection Bureau (CFPB) has decided to shine a brighter light on those that have been alleged to violate consumer...more

Ballard Spahr LLP

Pending New York bills would significantly expand UDAP liability and persons entitled to sue

Ballard Spahr LLP on

Two companion bills titled the “Consumer and Small Business Protection Act” have been introduced in the New York legislature would make sweeping changes to the provisions of the state’s general business law (Section 349)...more

Goodwin

CFPB and Massachusetts AG File Lawsuit Against Credit Repair Company

Goodwin on

On May 22, 2020, the Consumer Financial Protection Bureau (CFPB) and Massachusetts Attorney General’s Office (Mass AG) announced that they had filed a complaint against a credit repair company and the owner of the company in...more

Ballard Spahr LLP

CFPB and states file action against student loan debt relief companies and individual owners and managers

Ballard Spahr LLP on

The CFPB, joined by the Minnesota Attorney General’s Office, North Carolina Department of Justice, and the Los Angeles City Attorney, filed a lawsuit in the U.S. District Court for the Central District of California against...more

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