With
David Beam,
Melanie Brody,
Alex Lakatos
A catastrophic end to consumer protection to some, and a long overdue attempt to reconcile law with technology to others, former CFPB Acting Director Mick Mulvaney's parting gift stirred up the financial services industry.
With
J. Paul Forrester,
Steven Kaplan
On March 4, 2019, the Consumer Finance Protection Bureau ("CFPB" or "Bureau") issued an Advance Notice of Proposed Rulemaking seeking comments related to Property Assessed Clean Energy ("PACE")
With
J. Paul Forrester,
Steven Kaplan,
Kristie D. Kully
Congress amended the Truth in Lending Act in May 2018 by directing the Consumer Finance Protection Bureau to prescribe ability-to-repay regulations with respect to Property Assessed Clean Energy ("PACE")
With
David Beam,
Melanie Brody,
Alex Lakatos
Innovative companies face stiff challenges when trying to comply with moribund US consumer protection rules that have not kept pace with technological advancements in the financial services industry.
With
Costas Avrakotos,
David Beam,
Matthew Bisanz,
Emily Booth-Dornfeld,
Melanie Brody,
Kathryn Civitello,
Krista Cooley,
Thomas Delaney,
Francis L. Doorley,
Anjali Garg,
Jonathan Jaffe,
Adam Kanter,
Peter S. Kim,
Kristie D. Kully,
Alex Lakatos,
Eric T. Mitzenmacher,
Laurence E. Platt,
Lauren B. Pryor,
Brad Resnikoff,
Stephanie Robinson,
Phillip Schulman,
Tori K. Shinohara,
Christopher G. Smith,
Jeffrey Taft,
Donald Waack,
Keisha Whitehall Wolfe,
James K. Williams
Regardless of whether its recommendations are achievable in whole or in part or merely aspirational, the US Department of Treasury's ("Treasury") report issued on July 30, 2018...
With
Krista Cooley
For most of 2017, the Trump Administration was quiet with regard to the Federal Housing Administration ("FHA") loan program.
With
Melanie Brody,
Kristie D. Kully,
Stephen Lilley
The Consumer Financial Protection Bureau ("CFPB") announced a Request for Information ("RFI") about alternative data on February 16, 2017, seeking insights into the benefits and risks of using unconventional financial data in assessing a consumer's creditworthiness.
With
Laurence E. Platt
To learn more, applicable agencies are instructed to call OMB.
With
Laurence E. Platt
Following his campaign promise to dismantle the Dodd–Frank Wall Street Reform and Consumer Protection Act, Donald Trump issued an Executive Order on February 3, 2017 that set out "Core Principles" for regulating the financial system.
With
Laurence E. Platt
Financial services companies that hoped for immediate regulatory relief when the Trump Administration assumed control may have to wait a bit longer, because the newly announced freeze on federal...
With
Debra Bogo-Ernst,
Christopher Ferro,
Kristie D. Kully
New regulations under the federal Military Lending Act that become effective next week will prohibit consumer loans to covered US Service members if those loans have a "military annual percentage rate" greater than 36 percent.
