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Sirote & Permutt, P.C.
Sirote & Permutt, P.C.
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Fairview Shores FL

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Dear Sprint, Merry Christmas. Love, the CFPB

Post on Mar. 23, 2015

This year, Sprint Corporation, one of the nation's largest wireless services provider, was on the naughty list—at least according to the......

Getting Our Arms Around UDAAP: A 21st Century Challenge

Post on Mar. 23, 2015

Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) is truly the CFPB's wildcard as we have discussed in a previous post. In today's post, we further review why companies are having such a hard time dealing with......

If You Do Only One Thing to Prepare for the CFPB...

Post on Mar. 23, 2015

If you are a frequent reader of our blog, you know that we have emphasized that message over and over and over again. Today, we discuss the most important element of a compliance management system—a written compliance......

Kick the Tires, Check Under the Hood, and Buckle up for a Compliance Audit

Post on Mar. 23, 2015

The CFPB continues to emphasize the importance of adopting a compliance management system. Put simply, all consumer finance companies, large and small, need to have a good compliance management system in place. The CFPB......

Lessons from the Limelight

Post on Mar. 23, 2015

Stories about celebrities and their estates can offer important lessons to the rest of us not-so-famous people. Take, for instance, Casey Kasem and Tom......

Military Lending Act: Let's Just Throw that Baby Out with the Bath Water

Post on Mar. 23, 2015

The CFPB has joined in the fray over the expansion of the Military Lending Act's application to traditional installment......

Pop Quiz—Are you Breaking the Law? A Guide to Some of the Lesser Known Sections of the FCRA.

Post on Mar. 23, 2015

Heads down, keep your eyes on your own paper, and no discussing with your neighbor. Question 1—In one word or less, are you breaking the......

President Proposes Change in Regime for Taxation of Unrealized Gain at Death

Post on Mar. 23, 2015

Prior to the State of the Union address on January 20, 2015, President Obama released the Administration’s proposed changes related to the taxation of property at......

So Does the CFPB Really Understand Consumer Installment Lending?

Post on Mar. 23, 2015

Last week, CFPB Director Richard Cordray provided written testimony to the House Committee on Financial Services. His sixth semi-annual report lauded his agency, which, of course, is to be expected. The report also......

The CFPB Making Life Easier One Stamp at a Time: Post your GLBA Privacy Notice Online.

Post on Mar. 23, 2015

In our blog, we have written numerous articles on how the ‘brave new world' of CFPB regulatory oversight is a struggle for consumer finance companies. So, when the CFPB does something to lighten the burden, it is only......

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