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...
Mar 6, 2019 | Litigation, News
← Previous Article Next Article → In 2015, the Second Circuit Court of Appeals issued a ruling in Madden v. Midland Funding that seemed to overturn the “valid-when-made” doctrine, sending shock waves through the financial services sector. Denied a hearing by...
Mar 2, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB), has filed a lawsuit seeking to enforce a Civil Investigative Demand (CID) against the Law Offices of Crystal Moroney, (LOCM) a debt collection law firm. It is the first CFPB...
