May 28, 2019 | Litigation, News
← Previous Article Next Article → According to a court filing last week, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) have reached a deal with several payday lenders that could spell the end of a...
May 9, 2019 | Litigation, News
← Previous Article Next Article → Indiana’s Attorney General filed a lawsuit against Equifax, one of the nation’s three largest credit bureaus, accusing it of placing profits ahead of cybersecurity. The state is seeking civil penalties, costs, injunctive...
May 8, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → A Ninth Circuit panel said that the leadership structure of the Consumer Financial Protection Bureau (CFPB) is constitutional, keeping the Ninth Court aligned with the D.C. Circuit’s ruling in PHH Corporation v. CFPB.Critics...
May 3, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → A district judge recently gave the New York Department of Financial Services (DFS) the green light to sue the Office of the Comptroller of the Currency (OCC) over it fintech charter, arguing that the fintech charter was...
Mar 26, 2019 | Congressional Legislation, Litigation, News
← Previous Article Next Article → Federal District Judge Lee Yeakel provided a reprieve to short-term, small-dollar lenders last week by continuing to “stay” the Consumer Financial Protection Bureau’s (CFPB) Small-Dollar Rule. The rule’s provisions were...
Mar 19, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → In an appeal filed last Friday, the Consumer Financial Protection Bureau (CFPB) argued that its organizational structure, including its “for-cause removal” provision, was constitutional because it met U.S. Supreme Court...
