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CFPB Issues Interpretive Rule Outlining Authority to Conduct MLA Examinations | Troutman Pepper

CFPB Issues Interpretive Rule Outlining Authority to Conduct MLA Examinations | Troutman Pepper
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Higher fines, more uncertainty with CFPB's switch-up on 'abusive' standard

Higher fines, more uncertainty with CFPB's switch-up on 'abusive' standard
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Higher fines, more uncertainty with CFPB's switch-up on 'abusive' standard

Higher fines, more uncertainty with CFPB's switch-up on 'abusive' standard
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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California's Version of the CFPB Is Investigating a Dozen Debt Collectors —And This is Just the Start

California’s Version of the CFPB Is Investigating a Dozen Debt Collectors And This is Just the Start
Published on:
1 February 2021 at 09:00 a.m. ET
Feb. 1, 2021, 9 a.m.
Feb. 1, 2021, 9:28 a.m.
insideARM.com
The iA Institute
http://www.insidearm.com/news/00047029-californias-version-cfpb-investigating-do/
This article first appeared on Squire Patton Boggs Consumer Privacy World blog and is reprinted here with permission from the author.
With Democrats in control of the White House, Senate and House of Representatives, consumer financial services companies are understandably anxious about the regulatory environment.
Last week, the newly-empowered California Department of Financial Protection and Innovation (the “DFPI”) gave us a sense of what to expect when it ....

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California DPFI Investigating a Dozen Debt Collectors

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California’s Version of the CFPB Is Investigating a Dozen Debt Collectors And this is Just the Start
Friday, January 29, 2021
With Democrats in control of the White House, Senate and House of Representatives, consumer financial services companies are understandably anxious about the regulatory environment.
Last week, the newly-empowered California Department of Financial Protection and Innovation (the “DFPI”) gave us a sense of what to expect when it announced an investigation into 12 debt collectors that it alleged were engaged in unlawful, unfair, deceptive, or abusive debt collection practices. The DFPI licenses and regulates a wide variety of parties involved in providing or servicing consumer financial products and services in California. The DFPI has existed since 2013, but was known as the Department of Business Oversight until 2020, when it was renamed and granted significantly enhanced oversight and enforcement powers by ....

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