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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......
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......
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......
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......
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......
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......
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......
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......
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......
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......