Financial services companies - banks, non-bank lenders and loan servicers, auto finance companies, student loan companies, debt collectors, credit card issuers, non-traditional finance companies, and other market participants - face numerous legal challenges today, including government investigations and enforcement actions, a shifting regulatory landscape, novel civil litigation theories and other litigation risks. Especially as the Consumer Financial Protection Bureau and other regulators issue guidance and promulgate new rules and regulations impacting the consumer finance industry, it is now more critical than ever that corporate counsel stay abreast of these developments and related enforcement and litigation trends in order to manage institutional risks. Recognizing this need, Goodwin's LenderLaw Watch monitors, chronicles and analyzes news and legal issues impacting our clients and the consumer finance industry.
Among the wide-range of topics LenderLaw Watch will cover are recent developments in:
  • State and federal enforcement actions
  • Consumer protection statutes and regulations
  • Consumer protection litigation
  • TILA, RESPA and other federal notice/disclosure requirements
  • Financial institution fraud, including claims under state and federal False Claims Acts and FIRREA
We welcome you to our site and encourage you to provide feedback and contact us with any questions.
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CFPB Solicits Comments on CID Process

CFPB  •  Enforcement
The Consumer Financial Protection Bureau (CFPB) has solicited comments to assist it to revise its current Civil Investigative Demand (CID) process.  The “Request for Information Regarding Bureau Civil Investigative Demands and Associated Processes” was published in the […]

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