For a service provider or smaller entity, the CFPB’s overzealous and heavy-handed regulatory tactics, arising out of near limitless and sweeping powers conferred by broad enabling statutory language, could result in financial ruin.
Other content in this Stream
16:50Stigma Surrounding Personal Bankruptcy?
Has the stigma surrounding personal bankruptcy increased, not decreased?
24:43Current State of Consumer Bankruptcy Law, Most Litigated Consumer Issues
ABI Deputy Executive Director Amy Quackenboss talks with David Cox of Cox Law Group and Elizabeth Gunn of the Office of the Virginia Attorney General about their new consumer book.
CFPB Sues Ocwen for Technological Deficiencies in Mortgage Servicing
The CFPB’s suit against Ocwen serves as something of a roadmap of potential issues for other mortgage servicers to watch out for.
36:24ABI Studio Show: CFPB in Focus
ABI Executive Director Sam Gerdano moderates a discussion of the most powerful government agency, the CFPB, with Alane Becket (Becket & Lee) and Joanne Needleman (Clark Hill.)
U.S. District Court Paves Possible Path for Consumer Financial Protection Bureau Suits
Federal courts may be willing to hear FDCPA and CFPA claims brought by the CFPB against debt-collection attorneys, particularly attorneys that represent debt-buyers.
CFPB, or Who Wants to Be a Millionaire?