Jan 15, 2020 | Federal Regulation, News
California Governor Gavin Newsom Announces Plans to Create State Consumer Financial Protection Agency Last week, while releasing his budget proposal for the state, California Governor Gavin Newsom revealed plans to establish a powerful state agency modeled after the...
Jan 13, 2020 | News, Online Lending, Tribal Sovereignty
Revenues from Tribal Lending Enterprise and Investments into Economic Enterprises Lead Lac Vieux Desert to Historic Milestone: Payment in Full of Casino Debt Recently, the Lac Vieux Desert Band of Lake Superior Chippewa Indians (LVD) announced that the Tribe had paid...
Jan 10, 2020 | Federal Regulation, Litigation, News
Progressive Groups Demand Kavanaugh’s Recusal When SCOTUS Hears CFPB Constitutionality Case With the constitutionality of the Consumer Financial Protection Bureau (CFPB) soon to be argued before the United States Supreme Court, a group of progressive...
Jan 8, 2020 | Banks & Credit Unions, News
The Consumer Financial Protection Bureau (CFPB) recently released a report examining the differences between large and small mortgage servicers and exploring the role that servicers of different sizes play in the mortgage market where size is defined by the number of...
Jan 7, 2020 | Congressional Legislation, News
In a letter sent to Federal Deposit Insurance Corporation (FDIC) Chairwoman Jelena McWilliams last month, Representative Katie Porter (D-Calif.) requested that the agency closely examine partnerships between online lenders and banks. These partnerships have come under...
