Compliance

CFPB Wants More ‘Leadership’ From State AGs

Speaking to a group of state attorneys general earlier this week, Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, again laid out his more relaxed enforcement plan for the agency, and added that he will be relying on AGs to pick up the slack when it comes …

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Where Have All The Enforcement Actions Gone?

Jeff Sovern, a law professor at St. John’s University, and one of the authors of the Consumer Law & Policy Blog, has an interesting question: When will the Consumer Financial Protection Bureau announce its first enforcement action under acting director Mick Mulvaney? Mulvaney has been acting director for more than …

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JPMorgan Reaches $2.25 Million Settlement in TCPA Class-Action Suit

A proposed settlement has been reached in a Telephone Consumer Protection Act class-action lawsuit against JPMorgan Chase after the financial services company was accused of continuing to make robocalls to collect on mortgages and home equity lines of credit after individuals had orally revoked consent. Under the terms of the …

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