Archives for 

Dodd-Frank

Federal Trade Commission Issues Report to the Consumer Financial Protection Bureau of its Enforcement of the Fair Debt Collection Practices Act

About Our Attorneys  •  CFPB  •  Debt Collection  •  Dodd-Frank  •  FDCPA
EDITOR’S NOTE:  This post was guest-authored by Christopher J. Somma, an attorney in Goodwin Procter’s Consumer Financial Services Litigation Practice.  Mr. Somma represents clients in distressed loan workouts, forbearances, restructurings, commercial and residential foreclosures, UCC foreclosure […]

View More

What You Need To Know About The CFPB’s Proposal to Use the Dodd-Frank Act to Expand the FDCPA to First-Party Debt Collectors

CFPB  •  Debt Collection  •  Dodd-Frank  •  FDCPA  •  What You Need To Know - Background Info On Current Issues
Speculation abounds regarding what the CFPB’s expected 2015 rules regarding first party debt collectors will be.  Here’s the background you need to know. On November 12, 2013, the CFPB issued an Advance Notice of Proposed Rulemaking, […]

View More

Interagency Guidance: Regulators Will Enforce UDAAP Laws Notwithstanding Repeal of Regulation AA

CFPB  •  Dodd-Frank  •  Enforcement  •  Fair Lending / Fair Servicing  •  FDCPA  •  FDIC  •  FRB  •  OCC  •  State AGs  •  UDAP/UDAAP
The Federal Reserve Board recently made headlines when it repealed its Regulation AA to comply with the Dodd-Frank Act, leading some to wonder how, and to what extent, regulation of financial institutions might change going forward. But the federal agencies charged with regulating […]

View More