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Enforcement Actions

The CFPB Targets Lender’s Credit Card Division With More Than $200MM In Penalties

CFPB  •  Credit Cards  •  Debt Collection  •  Enforcement  •  Enforcement Actions  •  OCC  •  State AGs  •  UDAP/UDAAP
The Consumer Financial Protection Bureau (CFPB) has set its sights on debt collection practices again.  In April, we wrote about the CFPB’s $63 million settlement with a mortgage servicer, Green Tree Mortgage, in part for Green Tree’s alleged […]

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Goodwin’s Consumer Finance Enforcement Practice Launches Industry’s First Enforcement Tracking Blog

Enforcement  •  Enforcement Actions  •  Goodwin Procter News
Goodwin Procter’s Consumer Financial Services Enforcement practice today launched Consumer Finance Enforcement Watch, a first-of-its-kind tracking blog to monitor state and federal consumer finance enforcement actions. The blog provides real-time reporting of publicly available enforcement […]

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Mortgage Servicer Agrees to Pay More Than $60 million for Alleged “Abusive” Collection Practices

CFPB  •  Debt Collection  •  Default Servicing  •  Enforcement  •  Enforcement Actions  •  FTC
The mortgage servicing industry remains under scrutiny, as evidenced by the recent joint enforcement action against Green Tree Servicing, LLC by the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC).   In a […]

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