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CFPB Director Critical of Small Bank Core Service Providers | Sheppard Mullin Richter & Hampton LLP

Recently, CFPB Director Rohit Chopra spoke at a joint meeting of the CFPBโ€™s Community Bank Advisory Council and Credit Union Advisory Council in which he expressed concerns that core...
Rohit Chopra Community Bank Advisory Council Sheppard Mullin Richter Hampton Credit Union Advisory Council Sheppard Mullin Richter Bank Advisory Council

CFPB Signals Foray into Protecting Small Businesses from Abusive Debt Collectors | Sheppard Mullin Richter & Hampton LLP

On April 15, the CFPB and FTC announced the release of a joint annual report to Congress administering the Fair Debt Collection Practices Act (FDCPA).  The annual report highlights both...
Rohit Chopra Sheppard Mullin Richter Hampton Sheppard Mullin Richter Fair Debt Collection Practices Act Into Practice Dodd Frank Act

CFPB and FTC Annual Report On Fair Debt Collection Practices Act

CFPB and Federal Trade Commission announced the release of a joint annual report FDCPA. Annual report highlights both agenciesโ€™ efforts to protect and provide debt collection relief to consumers, particularly in light of the COVID-19 pandemic and resulting economic hardship.
Rohit Chopra Fair Debt Collection Practices Act Into Practice Dodd Frank Act Director Chopra Annual Report

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